font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Foggy This should have been disclosed at the start of the IVA and the details of what they expect from the property included in the agreement. Was the second property disclosed to the IP ?. Yes it was ...

Thanks. Second property income pays for both mortgages...which have been in arrears but ok now...no partner..no benefits..there is equity in second property but it's only income I have...have paid what IVA required.and paid PPI on top..will they make me sell the other property..it's my only income.....

Hi thanks. No partner and no benefits due to income. One property's income pays for both mortgages, but not possible anymore with rises in service charges etc. Had mortgage and service charge arrears so not able to remortgage or borrow. There is equity in second flat but it's my income..will I be re...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by luluj Welcome to the forum Steve. Second property income would be used to assess your affordability to your iva. If you are not working - are you claiming benefits ? How has your Income and Expenditure...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by kallis3 Hi and welcome, Is the income used to pay the mortgage? If there is any additional income then you will need to inform your company. If you don't work, how can you pay your IVA? The rental inco...

Hi at the end of the 5 year period and have paid what was said on IVA excluding PPI payments which were extra (but slightly less than 18 k still left from original debt) but live alone on income from second property. No DSS being claimed. There is equity in second property. Not working. Can't remort...

I am in an IVA and have paid the amount that I am supposed to. I own a second property where the rent is used to gain some income as I do not work. How will this affect my IVA?