dividends to show on mortgage statement

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traceyb

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Post by traceyb » Fri Jul 30, 2010 2:53 pm
hi wonder if someone can help. we have an unsecured element on our mortgage with northern rock which has been included in my iva but my husband and i still make the full payment on it as my husband is still liable. any dividends paid by me via my iva should this show on the mortgage statement and contribute toward the balance decreasing? any advice would be greatly received thanks
 
 

Adam Davies

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Post by Adam Davies » Fri Jul 30, 2010 3:19 pm
Hi
Yes it should come off the balance. It is possible that no dividends will be paid until the second year of your IVA.
Regards
Andam Davies
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