I was on my sisters mortgage

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hosein

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Post by hosein » Tue Jul 10, 2007 11:46 am
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I was on my sisters mortgage until last november 2006 , she has now remortaged and the property is on her name.will an iva look into this and will it affect my application. and affect equity in her property.
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MelanieGiles

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Post by MelanieGiles » Tue Jul 10, 2007 6:22 pm
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Hi hosein and welcome to the forum

Is there any reason why you were a party to your sister's mortgage? Did you share the property with her, or have any form of interest in it? Did you ever contribute to the mortgage payments? If not, then I do not think that this will have any affect on your application for an IVA or her equity.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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