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mortgage advice and secured loan + IVA
Antntrace
Posts: 4 Newbie
:eek:
Evening folks. Just after a bit of advice please.
Our Mortgage with Northern Rock is £119,000.00 we are looking to re-mortgage but they are not offering anything at the minute.
Ideally we would love to put our £38,000 secured loan into it, which we have had for a few years. Th only issue is since 2008 we have been in a IVA.... Is anyone aware of good reputable companies who may offer a solution.
House is valued at £170,000.00
Mortgage is £690
Secured loan £520
Just to give you an idea...
:beer:
Evening folks. Just after a bit of advice please.
Our Mortgage with Northern Rock is £119,000.00 we are looking to re-mortgage but they are not offering anything at the minute.
Ideally we would love to put our £38,000 secured loan into it, which we have had for a few years. Th only issue is since 2008 we have been in a IVA.... Is anyone aware of good reputable companies who may offer a solution.
House is valued at £170,000.00
Mortgage is £690
Secured loan £520
Just to give you an idea...
:beer:
0
Comments
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Over 90% LTV with an IVA in place. Sorry, not a chanceI am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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Lend to value..... is it0
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LTV = Loan to Value
While you are in an IVA no chance of remortgaging. Even after very remote.
Do you have much equity in the property?0 -
Thrugelmir wrote: »Do you have much equity in the property?
They don'tHi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
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ok thanks guys/gals... Wife under patio and a villa in spain it is then0
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