Can You Buy Another Home While Settling an IVA From Your Property Sale?
An Individual Voluntary Arrangement doesn't automatically end your ability to buy again. We look at how settling an IVA from a property sale interacts with a new mortgage application.
By Matthew Pigrome CeMAP
Founder of Mortgage321 · Working in financial services since 1989
Client type
Applicant with a settled or satisfactory IVA
Mortgage objective
Buying again after an IVA
Primary challenge
How lenders view an IVA being settled from property sale proceeds, and the timing of a new application.
Key lesson
Lender appetite depends on the IVA's status, age and how it's being satisfied — not simply whether one exists.
The full write-up is being finalised
This case is part of the Mortgage321 casebook. The complete write-up will be published once it has been compliance-approved. If your circumstances sound similar, request a Complex Case Review or discuss your case with an adviser — there’s no obligation and no mark on your credit file.
This Mortgage321 Scenario Guide is educational and does not represent a completed client case or a guaranteed outcome. It does not constitute financial, tax, legal or immigration advice. Outcomes depend on your individual circumstances and lender criteria at the time. Always consult an FCA-regulated adviser. Where buy-to-let or commercial finance is discussed, your property may be repossessed if you do not keep up repayments on a mortgage secured on it. Mortgage321 is a trading style of Matthew Christopher Pigrome, an appointed representative of Ingard Financial Limited, authorised and regulated by the Financial Conduct Authority No. 450731.
Have a Similar Mortgage Problem?
Tell us what you’re trying to achieve and what makes the case unusual. An adviser will review the position and explain the potential route forward.
More from the Casebook
Company Director Mortgage With Recently Increased Income
How a limited company director whose pay and dividends recently increased can be assessed by lenders that look at the current position — not just a two-year average.
Self-Employed Mortgage: When the Latest Year's Income Makes the Difference
When the most recent year's figures tell a stronger story than the average, the right lender can weight the latest year — and it can change what you can borrow.
When the Mortgage Calculator Says You Can't Borrow Enough
Online calculators give a rough figure — but the real borrowing amount depends on how each lender assesses your income, commitments and the property.