Hi there i have just received my annual income and expenditure forms to fill in , iva started in 31st January 2011 and made payment on 15th January 2016.
I'm with Natwest and when I looked at my direct debit payments the status for my iva now says final payment.
I'm with aperture but formally grant Thornton
I have a property which I'm required to release equity from
I haven't been asked to remortgage , as I'm aware this is to be done 6 months before the end of Iva.
So I'm assuming that a valuation has already been done by the company and there's no equity ??
Hi I done valuation and tried to remortgage off my own back. Aperture didn't contact me until I sent all information too them. They extended for another 12 months as I expected. 11 payments to go!!!![:D]
If there is little or no equity your IVA has completed. I can only assume that they did the valuation themselves in month 54 and that is why it is closed. Do you have equity?
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Michael Peoples
If there is little or no equity your IVA has completed. I can only assume that they did the valuation themselves in month 54 and that is why it is closed. Do you have equity?
Hi there not sure
But I done a valuation on zoopla on my house number and it came back in the details that the estimated value was £98000
My mortgage is £82000
I am in a joint iva with my husband
Like I said I have made 60 payments
Last one on 15th January
I would of thought aperture would have contacted me last year for me to enquire about remortgaging.
Heard nothing until now and they have asked for a final income and expenditure review and say once they have this they can pass it onto closures team.
So I'm hoping that this is good news and they have done their own valuation and Thera no equity?
Personally speaking it sounds as though you may be completing but speak to Aperture to make sure.
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
You are remortgaged to almost 84% loan to value so can raise less than £5k in a remortgage. It therefore seems as though the property has been excluded and your IVA should now close.
