my mortgage was 647 a month, now down to 490 per month as rate has fallen, got my first review with harrington brooks, all they want is the last 12 month payslips and my p60. do i tell them about my mortgage ?
Hi Yes you need to. They should also ask you to fill out a fresh income and expenditure form and you will need to list the correct mortgage payment. Regards
Andy Davie, IVA.co.uk spokesperson and a Debt Advisor If you need any help or advice about the various debt solutions available please contact me via my website at www.andydavie.com Author of "Real life IVA stories" and Debt Counsellor of the year finalist 2010
I agree with Andy you will need to declare a new I&E form. Even though your mortgage payments have decreased, maybe some of your other expenditure has increased, council tax, wter rates etc.
Julie x
If you can't say anything nice...don't say anything at all !!
honesty is best policy - pay the extra in now and when / if your mortgage goes up again complete a further review to amend your payments again......pay back as much as you can during your IVA !
Lulu Remain Focused and Positive and all will be ok!
my mortgage was 647 a month, now down to 490
Posted - 08 February 2010 : 17:59:34
