Mortgage payments reducing.

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debtdumb

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Post by debtdumb » Fri Sep 07, 2012 2:26 pm
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Hi,just received letter saying mortgage payments are reducing because of end of fixed rate.What happens with the money now saved because of reduction as we are in an IVA?
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Shining

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Post by Shining » Fri Sep 07, 2012 8:19 pm
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Hi just inform your IP and they will sort this out for you, best to take case specific advice.

Mine did the same and I paid more into my IVA x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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