How long does an IVA last?

Check these dates with your supervisor

Your supervisor is the insolvency practitioner managing the IVA. Ask for the current end date in writing.

• Find the approved proposal and any modifications.
• Check the start date, payment term and any extension notices.
• Ask whether any payments or other requirements remain.
• Check what must happen before a completion certificate is issued.

Payments, completion and records are different clocks

The payment term is not the same as the time on your credit file. The Insolvency Service key facts describe a 6 years credit-file period from the IVA start. If your IVA runs longer, check the position with the record holder and supervisor. It remains on the public register while running, then is removed 3 months after it ends.

Under the 2025 protocol, family-home interest is calculated using 85% of the value, less secured borrowing. That calculation is not the whole market value or a rule that every homeowner has a six-year IVA.

What can make it longer?

Agreed payment holidays can extend the arrangement to recover missed payments. Other extensions and formal changes depend on the approved terms. Ask what rule applies and request the notice or variation.

Early completion is a separate process. Paying only the remaining scheduled instalments does not automatically settle every obligation or fee. Ask your supervisor before making a lump-sum payment.