As other posters have said nobody can possibly know what the market will be like in 4-5 years. Working on todays lending criteria you would be able to look at mortgage funding and if the same conditions apply then you should be ok with regard to a mortgage app. You would normally divert to the lende...

Mrs Hussain

My name is actually Antony and I have just emailed you with a little bit of advice.

It appears Totally Money are a go between taking in potential customers and passing the details on to relevant companies for advice on the particular area of concern i.e. mortgages- loans - life cover-debt advice etc. I have been looking at their site and they make mony by passing details to the com...

twinkletoes

Go on Google and enter traded endowments, you can take your pick from these but personally I would contact a couple of them and get a feel of what you may get back. Tony

Mel the lenders seem to change like the weather, a lot of them want to appear as though they are helping but really in reality it isn`t the case, a little like the banks.

sds

If you are in an iva then you would need the permission of your IP before you do anything in relation to releasing equity.

If this is acceptable to your IP then you could look at using the services of a broker to see what is available for your particular set of circumstances. Tony

needshelp Being in an iva will not stop you from applying for mortgage finance. There are factors that are important to keep in mind, you would need the permission of your IP and would have to conducted your iva satisfactorily. The loan to value at the moment is another thing to be aware of, you wou...

floridaholiday With regard to your situation I would look at this when you are closer to the date of the full and final. I understand your trying to see what the situation is for you would you be looking to obtain mortgage funding right now. Brokers generally will not tell what is available for you ...

That is exactly what I am saying Mel, you can control how much your balance is reduced by because you will be writing the cheque to reduce the balance. The other notable point is that the interest would be calculated on a reduced balance which should mean a reduced monthly interest payment providing...

swansgirl

I forget to add the above information isn`t directed personally to you but given as general information as to what someone can do. Tony

swansgirl The difference between an interest only mortgage and a repayment one is that you make a capital repayment(albeit very small in the early years) off the mortgage debt with a repayment mortgage. I am sure you knew this but the reason I mention it is because most lenders will allow you to mak...

The crucial thing will probably be the loan to value ratio if we were to use the current lending criteria. As Melanie says nobody knows what the marketplace will be like in a couple of years, but if we use current lending criteria then the answer wuold be yes you can apply for mortgage funding with ...

As Kallis rightly says you can apply for mortgage funding whilst in an iva or with an iva on your credit file. You would need permission from your IP if you are in a current iva. You would also need to have a deposit which would need to be a sizeable portion of the value of the property. There would...

myles You can apply for mortgage funding whilst in an iva you don`t have to wait until your iva has ended. You would need the permission of your IP before you do so. When your iva has ended you will still have it on your credit file for quite a while afterwards circa 6 years so it will still have an...

floridaholiday If you are interested in looking at this type of scheme then there are guidelines that you can use on the net by searching for them. As far as I am aware you would still have the usual checks on affordability etc. and availability of the product for those in an iva or with iva on thei...