hi just a quick question, been in iva for 3 months. managing just! is there any chance that you can apply to your mortage company and fix your mortage rate when you are in a iva?
Nothing to stop you from trying. They can only say no. If you make any savings though you may have to pay them across to the IVA.
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
thanks just want to know if we can fix. scared intrest rates are going to fly up and struggle to make payments.will ring them. we just didn't know if you could make any changes to mortage whilst in iva!
A lot of posters try to get fixed rates if they can whilst in an IVA. At least you know you can breathe for a while if the interest rates go up.
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
Might be worth trying for Lesley, although I think interest rates might not be going up quite as soon as originally thought as things have gone back into negative again.
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
