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Posted: Mon Jun 11, 2012 6:54 am
by jurobo2
How do the IVA company and myself arrange a remortgage to release equity in year 4 if no one is going to give you a mortgage due to credit rating from being in an IVA?

Posted: Mon Jun 11, 2012 7:17 am
by Rich
Hi Jurobo
you will be asked to apply to a couple of mortgage companies to try and remortgage. If you are declined then a further 12 months will be added to the term of your iva in lieu of any equity best wishes R

Posted: Mon Jun 11, 2012 1:05 pm
by Michael Peoples
If you have equity it is possible to get a secured loan and avoid the extension or a total remortgage. Your IP should have details on this product.