Monday, July 16, 2007

IVA Remortgage

Individual voluntary arrangements (IVAs) are formal arrangements made between a borrower and his or her creditors. An agreement is made for the borrower to make reduced payments towards the total amount of their debt in order to pay off a percentage of what they owe. In most cases, the debt will usually be classed as settled after 5 years.

If you have had an IVA in the past, or even if you currently have an arrangement in place, At Adderson & Co. we can help you in your search for the most competitive IVA remortgage. In some cases the IVA may place conditions on the subsequent raising of any funds from a remortgage however it is still necessary to be paying the most competitive rates on your mortgage.

Finding the best rates available for an IVA remortgage is a simple process through Adderson & Co. We work alongside a select panel of specialist mortgage brokers and lenders alike in order to source the very best deals aroundThe rates for an IVA remortgage will be based on your circumstances as a whole – your income, available equity, credit history and so on. Enquire today to see what we have on offer for you. At Adderson & Co. we will initiate contact in order to assess your details along with what you are looking to achieve.

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