www.iva.co.uk

Hi we have 34 payments left to make at £135 pm house value at approx £99,000 mortgage left to pay £77,000 . If we were to offer a full and final (3rd party) was wrong Bering what a good starting point would be . Don't really understand the 85% ltv and if we have enough equity to extend for 12 months as that is what papwrwork states would happen if in equity . Any help would be helpful thank you

If you feel that equity will apply a suggestion would be offer 40 times your monthly payment.

I agree. Something like £5k should be reasonable as it gives you a little discount for paying early.