Many thanks for all the comments. It is clear to me now that there is no such thing as a 'one size fits all' arrangement that will work for everybody. Of course I absolutely agree that sacrifices have to be made. I know several people in worse positions than me, who have lost jobs or have medical is...

Unfortunately, having been in discussion with a certain IVA provider for several months now I have failed to reach any agreement and, it is probably fair to say, reached a point where I no longer have much confidence in the service this firm provides. One aspect that I am uncomfortable with is that ...

A little while ago I asked about the possibility of applying for a mortgage while undergoing an IVA, and was informed that it should still be possible but that I would need to come up with a deposit of between 10 and 15% of the property's value - which I would need to get from a third party to which...

With regard to Melanie's comments about working out your own disposable income, the IVA company I have been talking to about applying under the scheme has been telling me that they are limited in terms of what they can 'allow' for whatever monthly expenses I may have. That seems reasonable, however ...

Your IP will not agree,nor will your creditors,to a mortgage if it will either reduce the amount that you can pay into your IVA or use extra money earned that would otherwise be paid into your IVA. Thanks it certainly helps me concentrate the mind! However I am just a little confused now about what...

I'm really grateful for all the advice tendered, which I shall follow up. With respect to what Neverending is saying, the problem is that in my case I think it is inevitable that the mortgage payment would be higher than my current rent, even at the lowest end of the housing market. As things stand ...

Having established that I qualify for an IVA I now need to understand fully the implications of going ahead. For over 15 years I have been living as a single person in privately rented accommodation, and I can see real difficulties if in the next 5 years I wanted to obtain a property as a first time...