<t>Hi not posted on here in a while, I finished my Iva back in September 2017, HB told me I’d need to wait 4 months for my final completion letter to come through. That has now come and gone so rang up to ask where is was up to, got told it had been passed on to the finals team and should receive it...

Hi Foggy Rang HB up and asked how they calculated the equity release and they confirmed that they calculate it as per your second example :( Sent all the info off to them anyway, Had a letter back off them today and they've calculated it as per your first example so no 12 month extension :D Thanks A...

How will the IVA be calculated?

thanks foggy, I'll let you know how I get on

Thanks for that, just one more question does it make a difference if it's a joint IVA between my wife and I?

I'm with Harrington brooks if that helps, Is it just as simple as ringing them up and asking them What there method is?

The exact wording with regards to my equity release is as follows At the review date I will obtain a valuation of my property. If that valuation shows that 85% of my interest in the property (after deducting my share of the mortgage and/or secured loans) is less than £5k ( net of all costs to take o...

Ok thanks very much, just a bit confusing to say the least

Hi finally had my house valued, it's been valued at £150k,
So am I right in saying that they will value my property at 85% of this, which would make it 127.5k?
My mortgage balance is approx 125k so does that mean there is no equity in my house?

Hi my IVA finish date is March 2017 but has been extended until September 2017 because of payment break and earning over our allowed limit for one of the years. My question is when should i be trying to remortgage as I've not heard anything should it be October 2016 or April 2017 and if it should of...

So it will only be extended if they find I have equity in my house and I fail to remortgage it?

I have spoke to them and they read a clause out from my iva which you could interpret anyway you'd like, Basically that my supervisor is allowed to give me a one off payment break up to 6 months as long as it's added on at the end of the iva which I have no problem with at all, I begrudge paying bac...

Couple of questions 1. I had a payment break of 3 months when I was paying £577.50 per month now I'm being told that when I finish IVA 03/17 I have to pay that 3 month break at my current monthly sum of £721 is this right? Doesn't seem fair 2. Am I right in saying that if I can't remortgage I may ...