Cheaper Mortgage

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SUC

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Post by SUC » Fri Mar 11, 2016 5:25 pm
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With the low interest rates at the moment if I was to renew my mortgage with the same provider ie Natwest are the savings captured under the IVA.
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Foggy

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Post by Foggy » Fri Mar 11, 2016 5:50 pm
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They will be taken into account at review.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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kallis3

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Post by kallis3 » Fri Mar 11, 2016 5:50 pm
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Hi,

If you are making savings then I imagine it will affect your payments.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Shining

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Post by Shining » Sat Mar 12, 2016 4:18 am
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Generally, more disposable income at review time (and sometimes before) results in higher payments.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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SUC

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Post by SUC » Sat Mar 12, 2016 8:18 am
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No real incentive then to do anything
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Foggy

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Post by Foggy » Sat Mar 12, 2016 12:08 pm
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I agree --- I never sought to get better deals during the IVA.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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