IBAS - has anyone used them?

[poppadom dog]

Has anyone used IBAS for a shortfall? (Independent Banking Advisory Service - IBAS) They charge a flat fee of £225 and I wondered if it was worth going down this route. The mortgage co have not contacted me (although the sale was only finalised recently) and I do not want to spend the next 6-12 years waiting for them to ruin my life again, so I would like to get the shortfall costs etc issue sorted out sooner rather than later.

 

I want to know what the mortgage co plan to do next, but I do not want to contact them and say the wrong thing.

[jody123]

Assuming that the mortgage company have a forwarding address for you, then they will contact you with a completion statement.

 

IBAS: We tried them when we first got court papers, without any paperwork they told us to pay the full amount less their fee...it appeared to us that they were more interested in what the bank wanted than what we wanted.

[humbleman]

Has anyone used IBAS for a shortfall? (Independent Banking Advisory Service - IBAS) T.

 

STAY WELL CLEAR OF THEM. First hand experience.

[gizmo111]

I used them approx 4 years ago - they negotiated a shortfall of around £7k to £2.2k - I found them ok, but then that was long before this site.

[poppadom dog]

Thanks vert much for your responses. I think I will give them a miss!