I have been in an IVA for 5 years which was taken over by a company called Aperture. I received a letter from them stating that I have not advised them that I was unable to remortgage my property. I called the company but the person I spoke to to was so rude I could not speak. I have been told that I must extend my IVA for 12 months. What should I do ?
First, read your proposals equity release clauses. so you understand your obligations. Then ask them why they did not institute the valuation process in month 54. They should have at least reminded you. Do a quick valuation yourself and, if there is way over £5k equity, leave things alone and suck up the extension, which is the easiest and cheapest way forward. If obviously less than £5k, challenge them --- but you will need to get a professional valuation and mortgage redemption statements to prove this to Aperture.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
When Aperture / Grant Thornton did our 54 month valuation they used an online service which gave them an average figure for our street, we never had to supply any figures they just emailed us to say they were happy with their valuations and would be extending the IVA by 12 months (ended up extending by 13 months due to some clerical error which I never argued as it was the last payment and I just wanted shot of them)
nickjohn wrote:When Aperture / Grant Thornton did our 54 month valuation they used an online service which gave them an average figure for our street, we never had to supply any figures they just emailed us to say they were happy with their valuations and would be extending the IVA by 12 months (ended up extending by 13 months due to some clerical error which I never argued as it was the last payment and I just wanted shot of them)
I got transferred to aperture for my final year they are terrible. Both me and my husband are waiting on completion notices how long did it take for you to get yours?
nickjohn wrote:When Aperture / Grant Thornton did our 54 month valuation they used an online service which gave them an average figure for our street, we never had to supply any figures they just emailed us to say they were happy with their valuations and would be extending the IVA by 12 months (ended up extending by 13 months due to some clerical error which I never argued as it was the last payment and I just wanted shot of them)
I got transferred to aperture for my final year they are terrible. Both me and my husband are waiting on completion notices how long did it take for you to get yours?
That is one thing they have drastically improved and seem to get completion notices out pretty quickly these days, assuming no hold ups over which they have no control.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Just seen the last two posts tonight. I started off with Grant Thornton and they were terrible, they changed to Aperture and are no better. Made our last payment Feb 2016 and still not got completion cert..
