Thankyou both for your replies. My situation is made a bit more complex as my property has a second charge on it, as it's part of the Keyworker living scheme to allow teachers, police officers etc. to get onto the property ladder in London. I've checked with my IVA supervisor and have come to the co...

Thanks for your reply, I've been in contact with my IVA supervisor who states that it's really up to the creditors whether they decided to use any profit made from the sale. However the most likely outcome is that they will take the money. This leaves me in a difficult situation as although I have a...

I am currently in an IVA of about 5 months now, and have a mortgage. I have recently gained a new job, which will mean a pay rise and the need to sell my flat and move to a new town. I wish to increase my mortgage with Northern Rock to buy a property in my new place of work. Will I be able to do thi...