Are there any companies at all who are lending to those of us with IVA at the moment?
I am desperate to get a remortgage as there is 50% equity on my property at the moment, and I really want to conlude my IVA. My fifth year is about to start.
I don't know of any at all, so I think you might be struggling.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
There is one company who will go as far as 50% loan to value and the interest rate is around 9%. So personally I don't think this is likely to help you.
How much is your house currently worth, and how much is your outstanding mortgage?
It was valued last week at £145,000 and there is £65,000 remaining on the mortgage. It takes £660 in rent per month which more than covers any mortgage. My IVA company are less than helpful in pointing me in the right direction