Page 1 of 1
Posted: Wed Jul 29, 2015 8:23 pm
by Donna.h
Has anyone successfully remortgaged to release the equity in year 4? Are there any specialist organisations ?
Posted: Wed Jul 29, 2015 9:06 pm
by Michael Peoples
Remortgaging is almost impossible but if you contact Shaun Vickery from Select you may find a suitable secured loan. His details are in the experts section.
Posted: Wed Jul 29, 2015 9:14 pm
by Foggy
Posted: Wed Jul 29, 2015 11:26 pm
by Thenameisnomax
Shaun has been a big help to me. Definitely give him a shout!
Posted: Thu Jul 30, 2015 5:25 am
by luluj
Ryan is another option.
Posted: Thu Jul 30, 2015 8:42 am
by simon1883
Dont discount your current provider offering you a better deal (they wont release extra money) but it might make you better off during the final year.
Posted: Thu Jul 30, 2015 9:32 am
by Donna.h
why put the clause in then in the first place?
Posted: Thu Jul 30, 2015 9:34 am
by kallis3
It is put in so that if house prices rise, you may be able to remortgage in the future. Some IP firms also ask you to go down the secured loan road.
Posted: Thu Jul 30, 2015 9:41 am
by Foggy
There was a time when remortgaging was available to those in an IVA -- and, I guess, the creditors leave it there in case that time comes round again ( as these things have a habit of doing).