Can you still take out a mortgage

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joanne_l

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Post by joanne_l » Thu Apr 19, 2007 7:01 pm
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Can you still take out a mortgage at some point during the 5 years period and will it affcet the monthly repayments as circumstance will have changed?
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Adam Davies

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Post by Adam Davies » Fri Apr 20, 2007 12:17 pm
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Hi
Yes you can still take out a mortgage but you will need your IPs permission and the deposit will need to come from a third party[by way of a gift]Also your new mortgage payments must be similar to your present mortgage or rent payments so that it does not affect your ability to pay your IVA.
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Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)

Please check out my blog: http://andydavie.blogs.iva.co.uk

View my profile here:
http://www.iva.co.uk/andy_davie_profile.asp
Andam Davies
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