i am in my 4th year and trying to get a mortgage to realease some money but can't seem to get one and they are not willing to put it in writting to me so i can prove this to my supervisor. today i have had a letter from my supervisor saying i hav 14days to do ths or I am in breach of my aggrement. what can i do?
We phoned about 6 'whole of market' independant mortgage brokers from the internet and three of them confirmed via email that currently there were no products available to people in an IVA our IP said that this was good enough proof. We have to try again though in 6 months as this is when we have to try and remortgage
Good post from Lizzie40. Most mortgage brokers would be happy to do this in the hope that there kind gesture would mean you revisit them in the future when they can help you. I would also advise that you do not need to pay an up front fee for this type of information.
Dont let supervisor's bully you like this. Email your IP directly with your problem. Its not your fault companies wont want to waste time putting something in writing,as there is nothing in it for them!!!
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Your Supervisor should be more than happy to assist with this, as they are obliged to demonstrate to creditors that you have complied with your responsibilities. Most mortgage brokers will provide the relevant letter for a small fee - and if you need to sort this yourself I know a firm which can do this - but the cost must be borne by the IVA and not you personally.