hi bev and welcome to the forum
This is such a frequently asked question on the forum, I am going to ask Andy to get Andrew Graveson or Tony Parsons to write an article to cover this very subject, Andy - job for the boys!
You can get a mortgage whilst in an IVA, so long as you have a deposit to place down which has to come from funds other than your own. In reality this will probably need to be between 15% and 20%, and I hope Andrew will be around later to give a little better advice as this is his area of expertise.
Just to add that you will also need your IP's permission to take out the mortgage, as this is a form of ongoing credit, and the mortgage payments should not disturb your ability to fund your IVA payments.
Last edited by
MelanieGiles on Tue Feb 12, 2008 10:36 pm, edited 1 time in total.
Regards, Melanie Giles, Insolvency Practitioner