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Posted: Tue Oct 04, 2011 10:49 am
by cantwaitforthistobeover
WORRIED!!! I have to give my payslips every 3 months and my IP has just said I have to pay an extra £110! There is no way I can afford this and on the letter it says I have to pay in 14 days. I have to call them later. Also, my 5 year fixed mortgage deal ends in December and I have to go on standard variable rate. As it stands now my mortgage will be reduced by £50 but it could go up anytime! Help![V]
Posted: Tue Oct 04, 2011 11:08 am
by kallis3
You need to speak to your ip and explain that you can't afford it. I am sure they will give you more time to pay. As regards the mortgage then wait and see exactly what happens and then discuss it with them
Posted: Tue Oct 04, 2011 11:47 am
by kallis3
Just to let you know that I have deleted your other topics as they were duplicates of this, hopefully one of the experts will pick up on this one.
Posted: Tue Oct 04, 2011 1:26 pm
by Shining
I went from fixed rate to SVR and had a reduction in mortgage payments, I now pay extra into the IVA, I'm hoping if interest rates rise IP's will look sympathetically at the increased in respect of the IVA.
Posted: Wed Oct 05, 2011 7:17 am
by Struzzo39
Hope you get it sorted soon, it might be that they will let you pay it over some months. Good luck