Does an IVA affect selling my house?

Yes, an Individual Voluntary Arrangement (IVA) can affect your ability to sell your house.

An IVA is a formal agreement with your creditors, and your assets, including your property, are usually taken into account.

If you want to sell, you will typically need approval from your insolvency practitioner. They will assess how the sale impacts your repayment plan and whether creditors will benefit.

In some cases, you may be required to release equity from your property rather than sell it. In others, a sale may be approved if it helps repay debts.

Selling during an IVA can be more complex, but it is still possible with the right approach.

Sell House Fast can help you move quickly and provide a clear offer, which can support discussions with your insolvency practitioner.

To understand your options, you can request a no obligation cash offer to see what we’d offer for your property.