its now time to attempt 2 remorgages, i have no idea where to start, I'm on the lowest possible rate at the moment.
What do i do, no broker will help me as i'm on an iva with 3 payments left, I don't want one obviously and would rather extend by 1 year. will i get one?
You are highly unlikely to get a remortgage eevn if you have equity although you may qualify for a secured loan. Some IP firms are happy with a letter from a broker stating no mortgages are available while others insist you get two rejections which can further damage your credit file.
You need to speak to your own IP about what they want as each firm is different.
A few firms are taking the sensible approach in the full knowledge that a remortgage will not, currently, be forthcoming and simply getting a statement to the effect that you have tried and failed.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
