I'm 5 months away from finishing a 6yr IVA. It was an equity release deal I had to do with Payplan. Who do I go too to get a Mortgage? If I get a refusal that will affect my credit score which is good according to Equifax. Also in total I will have paid 42K when my original debt was 30,655.
Thanks in advance
You are approaching the end of 6 years ---- was your IVA a 6 years arrangement from the start --- and now you are looking at equity release or a 12 month extension ? Or is the 6th year you are doing because of equity ?
First ask your IP what they need - some want more than others.
If they do need something formal Ryan or Shaun might be able to help if your existing provider can't provide a statement saying that you can't remortgage.
I agree you should speak with Shaun Vickery from Select or Ryan who post here as and when you need or want to remortgage.
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