pentre

Your case seems very straight forward to me and if you care to email me on antony.parsons@btopenworld.com or ring my mobile that Melanie has given then I will take it from there, you tell me what you want to do and I will build your new mortgage around that.

Regards

Tony

pentre Am I reading this right, are you saying you have 150k equity in your property and owe unsecured £20k? If this is the case then remortgaging would resolve your debt worries. In answer as to a bank taking a persons full salary and leaving them no monies the simple answer is I have seen them do ...

Tonya You mention your debts of 35k but you ststed no arrears on your mortgage, is there any scope to remortgage your property i.e. available equity? If so it could be simply a case of re structuring your existing finance. Whilst you are in a position of having no arrears on current commitments it w...

timl

Didn`t quite understand your point are you asking ref IVA and it`s relation to your mortgage?

Hi husnabn Welcome to the forum there is so much information to be gleaned here. With regards to looking at other IVA companies, I personally would have as my first point of call a certain lady who has already replied to you. Having worked in this industry for quite a while I have not come across an...

Claire If you went into an IVA it would not stop you being able to take out a mortgage as long as your IVA was "conducted satisfactorily", the same applies if you presently have a mortgage and would want to re-mortgage your property. The rate would take into account the IVA but nevertheless would st...

Russell In answer to your question an IVA may be the answer but it would depend on a few more factors, when you say you have a large loan secured on your property, what is the actual breakdown of the financial position, how much is the property worth and how much is secured against it in total? The ...

Natalie What you are experiencing at the moment is vey normal and not the ramblings of a crazy person as you put it. Last week was debt awareness week and there were some excellent contributions, picking up on a point made by Neil Hamilton he talked about turning negative situations into positive on...

Lucy You state mortgage on your list of repayments, couple of questions if I may,what is the value of your property and what is secured against it? Also your mortgage at present is it interest only or repayment? You may be able to reduce your mortgage payment by converting it to interest only at the...

Cheryl If you presently have a property worth circa 190k and currently have secured lending against it of 178k it is not very likely that you could remortgage and capital raise at this present time. If you were to begin an IVA now the question of whether you would have enough equity at the end of or...

Tolond Have you discussed the possible remortgage option with your IP? What company/lender is offering the new remortgage to you? It may well be the best option is to do what is best at this present time and then review the situation at the end of the preferential rate that your mortgage broker woul...

Re-mortgage would seem the best advice for you, although the definition of a mortgage is a "secured loan on a property", a secured loan as it is generally perceived would mean a higher rate of interest for you to pay. There would be lenders out there who would happily allow you to remortgage with th...

Lily No need for apologies, I have been looking at this site for quite a while and reading the content with interest.The topic`s whatever they may be seem to have a central core and that is receiving the correct advice, this is absolutely paramount to all concerned. This week has been a huge success...

Lily Yes I am aware of this, I wanted to understand what was meant by the question "are all iva companies the same" I have worked for numerous years and still do within this industry and wanted to clarify the question as in my experience iva companies have in some instances many staff working for th...

When you say IVA companies do you mean Insolvency Practitioners?