www.iva.co.uk

can i change mortgage companies with an iva

Hi
Yes you can,but let your IP know as there will be costs involved.Are you just trying to get a better rate ? If so any saving that you make will probably have to be paid into your IVA.
If you are looking to release money in your house then again you will need the authority of your IP.
Regards

Andy Davie
IVA.co.uk Spokesperson and site manager
(aka Neverending)

Please check out my blog: http://andydavie.blogs.iva.co.uk

View my profile here:
http://www.iva.co.uk/andy_davie_profile.asp

Good advice from Andy. Yes you absolutely can but inform your IP before you sign anything.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp

Hi confused

Just to confirm with the other posters that this is possible, but do shop around for your mortgage provider as there are a variety of differing charges and interest rates being sold at the moment. Choose an independent mortgage broker, who will shop around and get you the best deal.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Hello confused

Just to echo the advice already given, may I suggest if you are going to go forward with this course of action, a fixed rate with no penalty overhang is a good starting point.-Tony