Hello all Has anyone changed mortgage whilst in an IVA?. Or is this even possible?? Basically I have a mortgage with Northern Rock [xx(] and I am looking at the possibility of changing to get a better deal as they do not offer any deals and im paying about 5%apr etc... Are there any mortgage compani...

Thank you all for your time and posts. I will look through my paperwork over the weekend but i fear i will have no choice but to sign acceptance of the fees if i dont want my IVA to fail. This is a really good forum and a great help to people in my situation i wish i'd been a member 18 months ago!. ...

Hello all Does anyone know if it is possible and/or how easy it is t change mortgage provider whilst involved in an IVA?. Is there some mortgage landers that are more likely to do this than others?. Does anyone know the best route of approaching this?. Is it as simple as walking into a high street a...

Catullus I am in London at the moment and my paperwork is at home back up north. I will hopefully get my hands on this information shortly to read through. As for the 10% i have had several phone conversations regarding this and i am told that the 10% is 10% of the total repayable cost. ie. My total...

Would it be possible to get a contact phone number to discuss this further?.

I would be able to contact someone in the am of tomorrow.

Thanks All

Hello. Yes it is really nice to hear such positivity and i wish you all the luck in the world with becoming debt free in 2011!. If i can offer you any advise its to try your hardest to keep the payments up. I can remeber 18 months ago when i felt exactly the same as you do. 'In 60 months i would be ...

Thanks. What about the fact that i am told that everytime a variation is done i have to pay an aditional 10% of the original charge??? Is this right?? I have had one variation already which cost over £2000 in charges and now with this one it will again cost another £2000+. the reason they gave for t...

Thanks for that. I only joined the forum yesterday do you know the best way for me to contact them to get an answer???

Cheers

I have all the paper work at home up north but i am working in London at the moment and wont be back till December so i cant prove this but my IP tells me that it is written in the small print of my agreement. Apparently whenever a variation is made they have to add on 10% of the total repayable cos...

This is something i would be wanting to look at immediately. What i would be looking at is to realise my equity to propose a full and final payment of my IVA. My first action towards this would be to: a) see if it is feasible for me to achieve this equity release b) Realise how much i would acually ...

Thanks for the advise. Would the only way to realise my equity be to sell up? could i not remortgage the full cost of the property?. I asked mi IP why there is a need for another variation and they told me that htere was a cross over of me paying the arrears and my case going to my creditors. As it ...

hi

DOes anyone have any idea who/which company would be the best to talk to with regards re-mortgaging/releasing equity from property whilst in an IVA??

Thanks

Morning all I have just found this forum and am hence new so apologies that i am most probably repeating other peoples posts and worries. I am writing to get some more information regarding my situation which i am struggling to come to terms with at th moment. My situation in brief is: I had debts o...