What happens as we are due to divorce, sell the house and move on once our IVA finishes.

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sostressed

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Post by sostressed » Thu Jan 17, 2013 11:20 am
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I rung GT yesterday to confirm when my IVA will be complete and as I knew I only have 2 months left :-) They also asked me to get a valuation and mortgage redemption figure and send to them. What I am enquiring about is a) do banks actually lend to people if I where to remortgage and b) my husband and I were due to start our divorce proceedings once the IVA finished sell the house and move on, what happens there
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Niobe

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Post by Niobe » Thu Jan 17, 2013 11:35 am
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Hi,

You won't get a remortgage but you do need to send those figures to them. It might be that they ask for a further 12 months payments in lieu of any equity but do check your paperwork and also speak to GT. It seems a bit late in the day for them to ask for these things now.
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