So stressed out. I want to remortgage to be able to pay off IVA early. Any advice please

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Nikkic1610

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Post by Nikkic1610 » Mon Aug 24, 2015 4:48 pm
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So stressed out. About to enter 3rd year of iva and want to remortgage to be able to pay off iva early. Any advice please?
N.cosham
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kallis3

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Post by kallis3 » Mon Aug 24, 2015 4:52 pm
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Hi and welcome

Chances are that you will not be able to remortgage to pay off your IVAS.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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Foggy

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Post by Foggy » Mon Aug 24, 2015 5:00 pm
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I would suggest a word with Shaun Vickery, who often deals with secured lending products to settle IVA's early. You will not be able to remortgage.

Shaun's details can be found by clicking on the "Ask a Question" button (top left) and scrolling down to the expert's details section.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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Michael Peoples

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Post by Michael Peoples » Mon Aug 24, 2015 5:00 pm
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You may be able to obtain a secured loan to clear the IVA so contact Shaun Vickery of Select who posts here. His firm has access to these products and have successfully closed down many IVAs early.

His details are in the experts section.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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Lisa Thomas

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Post by Lisa Thomas » Tue Aug 25, 2015 5:59 pm
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Hi - rather than remortgage have you thought about asking a friend or family member to 'gift' you a lump sum to offer a F&F instead? Why are you stressed? If the IVA is too much then perhaps your contributions are set too high?
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
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