I am about to complete my IVA,. Can my husband buy my house to rent out ?

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Meash

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Post by Meash » Thu Jun 12, 2014 10:22 pm
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I am about to complete my IVA, need to move but obviously can't get a mortgage. Can my husband who was not involved in the IVA buy my house so we can rent it out?
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MelanieGiles

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Post by MelanieGiles » Thu Jun 12, 2014 10:24 pm
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Nothing to stop him doing that. Are you selling up to also move into rented accommodation?
Regards, Melanie Giles, Insolvency Practitioner
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Meash

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Post by Meash » Thu Jun 12, 2014 10:29 pm
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Yes - this is the only way we see to get a bigger property. Have had no joy with prospective mortgages
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MelanieGiles

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Post by MelanieGiles » Thu Jun 12, 2014 10:31 pm
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Renting is not so bad, and it will be nicer to have more space, and someone else to pay the maintenance and upkeep costs.
Regards, Melanie Giles, Insolvency Practitioner
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