Buying council house while in an iva
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Shaun Vickery
Industry Expert - Posts: 751
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I'm afraid there's no real possibility of achieving this at present. It is very rare for a lender to consider lending to you whilst you are still in the IVA and those who would do not offer mortgages for 'Right-to-Buy' Council House purchases. In any event you would also need the approval of your Insolvency Supervisor which, in itself, might prove difficult. if you are able to I'd consider delaying the purchase until your IVA has been concluded.
4 posts
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