www.iva.co.uk

does an iva stop me from selling my home and getting a new mortgage which i can aford selling my home i would not have any money spare

You'd have to do it before the IVA - the IP can put a stop on you selling because if you have any equity, they can use it for the debtors.

You can still sell, it just makes it a little harder - I can't remember what the name of the stop order is, but it's registered with the land registry office.

They did it to me after I enquired about the possibility of moving abroad.

I think its an RX1

The letter says it's a B136 - it registers a restriction against the property.

The correct form to be used by insolvency practitioners in placing a restriction against someone's home is an RX1.

So what is my B136 ? Is that the official document once the RX1 has been submitted ???

This form is usually used by someone registering a restriction as a result of a Charging Order.

Pardon my ignorance, but what's the difference ?

One comes from an IP and the other comes from a creditor. In reality there is no difference apart from the forms having different names.

Thanks Melanie. I have emailed GT about this as the form is in Mark Prideaux's name at Debtmatters.