Is it possible to get a Help To Buy mortgage while you are in an IVA agreement?

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ashlea
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by ashlea » Wed Nov 14, 2018 7:35 am
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I started the IVA in January 2017 so am nearly 2 years in! Is it 6 years the IVA stays on file for?
Looking to buy my first house the back end of next year so looking for advice beforehand to see what my options are. I hope you can help me.
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Foggy
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by Foggy » Wed Nov 14, 2018 7:56 am
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Yes, the IVA will stay on file for 6 years from the start date. You will not get a mortgage while you are in the IVA.
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Ryan
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by Ryan » Wed Nov 14, 2018 8:29 am
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As Foggy says not whilst in the IVA, if you were able to settle the IVA early there is a Lender who may consider lending though.

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