www.iva.co.uk

Posted: **Mon May 04, 2009 4:57 pm**

can you sell your house for less than you owe mortagge company and what happens if you do

Posted: **Mon May 04, 2009 5:24 pm**

Hi
You can, but you will need the mortgage compant to agree and release the charge on the property.
Regards

Posted: **Tue May 05, 2009 7:24 am**

You will also be liable for any shortfall.

Posted: **Tue May 05, 2009 10:16 am**

If you do an IVA however, you can include the shortfall in that as it becomes insecure.