I'm happy that you are happy , but i speak to so many people who do not understand this clause and are lead to believe they will get a remortgage. I actually agree that 12 months is preferable but most people and it's there own fault are ignorant of the details in my experience in advising. They all...

Firstly you will not fail an iva after 3 payments as one contributor seems to think. You will get a breach notice no more. After that they have to call a creditors meeting and ask the creditor what they want to do. unless you have asetts they will vote to fail this can take usually 6/8 months to hap...

yes but you still have to pay for the meeting over 12 months so that's still paying. the preference for paying an extra 12 months depends on how big the payment is i suppose.I can't understand why iva companies still put this re mortgage clause in as it's meaningless, unless they know something abou...

You cannot sell without redeeming the full mortgage. Mortgages are not portable especially as you are insolvent anyway.Even if you could sell (which you can't without funding the shortfall) the excess would go to creditors. you must have been in massive neg equity when you went into the iva. If you'...

Wasted debate , you are not getting remortgage with adverse credit,

Sorry Tab did no one tell you an iva has the same underwriting status as bankruptcy? the same restrictions apply. You will not get any lender to mortgage you since all adverse lenders packed up to the good 'ol us of a 3yrs ago . you will pay another 12 months and possibly a fee included for a variat...