Remortgage Am I stuck with paying nearly 5% when better deals are out there ? What can we do ?

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manmountain

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Post by manmountain » Fri Jul 19, 2013 12:31 pm
Can you please advise how after completing our IVA in May 12 we are still unable to remortgage away from Northern Rock Asset Management.
I changed my bank account to a full bank account with Barcleys away from a basic account with nationwide as they wouldnot help but Barcleys advised that Barcleys bank rules are you must be discharged for 6 yesrs before they can help.
Will this be the same for all banks and am I stuck paying nearly 5% when better deals are out at other lenders. What can we do?.
 
 

Tina Shortland

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Post by Tina Shortland » Fri Jul 19, 2013 4:04 pm
Hi manmountain - it might be worth contacting the mortgage experts on here to understand how other banks are handling clients post IVA. You can find them on ASk experts a question to the left.
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.

If you’re looking for effective debt related information, articles and news, then go now to our on-line advice service at www.debtadvicetv.com

If you’re ready to ask us for specific advice or help, then get in touch at www.call-me.debtadvicetv.com so you can start to free yourself from the stress and anxiety of overwhelming debt.
 
 

plasticdaft

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Post by plasticdaft » Fri Jul 19, 2013 5:15 pm
Contact any whole of market broker and be upfront about the iva. They really are best placed to advise on securing mortgages for those of us with a colourful credit history! !

Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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