Main thing is you look at a deal which allows you to be able to manage everything as you do and more importantly being able to maintain your IVA payment.
There is a lot of information to take in when it comes to new terms and rates with mortgage so would speak to your mortgage provider 1st and work out the best one.
We were able to remortgage at a much lower fixed rate than previously.
The IP allowed us to increase the repayment element and reduce term while at the same time keeping the mortgage payment the same as before - so no increase in mortgage payments so no change to contributions either.
Ye we are increasing our equity but long term it’s the right thing
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