Can my daughter buy my council house after she pays off my iva?

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linda959
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by linda959 » Wed Jan 03, 2018 10:03 am
My daughter wants to buy my Council house. But we have just found out that she cannot because I have an IVA. Can she pay this off? I worked it out it’s £8,560. Or will she need to wait till this is paid. It’s because I need to be on the mortgage for her to get this. I am going to live with my sister.
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Ryan
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by Ryan » Wed Jan 03, 2018 10:40 am
Hi Linda,

Feel free to contact us to discuss you situation - it may well depend on when your IVA began as to the possibility of obtaining a Mortgage in your name.

Regards
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Foggy
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by Foggy » Wed Jan 03, 2018 10:55 am
She can pay off the IVA, but it would still remain on your credit files for a time ... as Ryan says, it all depends upon when you went into the IVA. I would give him a tinkle.
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