Hi Emily, It wasn't an auction - just a property that we booked a viewing for as it seemed so cheap ! Our offer has been accepted - but we have to move fast. I am concerned about how much all this is going to cost, as although the house is an excellent price - this is all proving really stressful. A...

Hi Mike, Thank you for the advice. The mortgage quote I obtained was based on an interest only (fixed rate) deal. You have made a good point in that we need to consider this in this current market. The property we have offered on is actually a repossession property, which in todays market is worth a...

Hi All,

Thank you for your comments. I seem to keep 'swinging' between pursuing this house and not doing it right now.

I think the best step may be to sit down with my partner and do some serious maths homework before I commit !

Once again though, thank you for the advice.

So true !!

I think you are both right. Financially this could be too bigger risk !

However - would you maybe still consider settling the IVA early, as this may put me in a better position for a better mortgage when things pick up ?

Hi Emily, Thanks for the speedy response ! I am actually talking to a mortgage broker who I was recommended to via PayPlan, and I have to say they have been really helpful. I have also spoken to some 'indepentant sub-prime lenders', who are telling me the same thing - which is that those with an IVA...

Hi All, I have visited these forum many times and been very impressed with the responses - so naturally I am hoping someone can help/advise me ! I have a current IVA (commenced Jan 06)and it has worked out nicely so far. However, my circumstances changed in that I now need to move out of home and ta...