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IVA Testimonials Click to play the video testimonial by Kieran Newell, Manchester Oct 06

"Affinity have been brilliant throughout the process I am very grateful for your help. I’m very happy with everything you have done for me."
Miss. P.T., London, Apr 06


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Frequently Asked Questions And Answers

Mortgage Questions

A second charge is a legal charge put on a property in favour of a lender.

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Posted by Chris Wrenshall at 4:10 PM

A "Capital and Repayment" mortgage is a mortgage where the mortgagee makes monthly repayments which include part of the capital borrowed as well as interest due, and cannot be included in an Individual Voluntary Arrangement (IVA).

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Posted by Chris Wrenshall at 8:27 AM

An "Interest Only" mortgage is a mortgage where the mortgagee only repays the interest due on the loan.

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Posted by Chris Wrenshall at 11:13 AM

Equity is the difference between the value of a property and any borrowings set against it.

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Posted by Chris Wrenshall at 2:55 PM

The issue of equity in an Individual Voluntary Arrangement (IVA) is a very important one. The fact that there is a property involved alters the terms on which creditors will accept Individual Voluntary Arrangements (IVAs).

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Posted by Chris Wrenshall at 11:28 AM

To discuss your circumstances with a qualified IVA specialist call myIVA-Adviser.com now on 0800 088 7503

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