Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
ive been in a IVA for over a year now and my current mortgage deal is up , i was just curious if able to get a new fixed rate deal with me being in a IVA or am i wasting my time as probably no bank etc will want to know
If it is a reputable one ie high street bank or building society i would contact them and ask if there is any deals that you can switch to for existing customers, fixed discounted etc.
The reason an iva does not stop this process is that the loan has security and you are not taking additional borrowing. If however you want to change lenders the iva could be a problem as they would see it as a huge risk.
However you existing lender already has the debt and as long as you do not want to borrow any money would make sense to put you on a new rate and tie you up for a little bit longer.
Ask the bank/building society if they will credit score you for the new product if they say no do not mention the iva, if they say yes then mention it and whatever you do , do not go to a broker.
If you have any more questions i would be more than happy to help.
is it possible to change mortgage during a IVA ?
deal is up , i was just curious if able to get a new fixed rate deal with me being in a IVA or am i wasting my time as probably no bank etc will want to know
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