Further to my earlier post
http://iva.co.uk/forum/topic.asp?TOPIC_ID=32001
I have submitted the house valuation as well as mortgage and secured loan redemption figures to PayPlan. They have said that I now need to get a remortgage offer or three rejections based on 85% of my half of the equity in the house. This is approximately £16000.
As it appears unlikely that I would get a remortgage and therefore this is probably just a routine procedure to satisfy my creditors and adhere to the conditions of the arrangement, can anyone suggest who I should contact? I understand that I can approach my current mortgage provider and I assume shouldn’t approach any of my previous creditors.
I would appreciate it if anyone could suggest the best companies to contact who possibly may give me a remortgage under these circumstances and the companies that I should avoid to save wasting theirs and my time, i.e. companies who definitely wouldn’t give me a remortgage.