can they extend it past 6 years or is that the maximum term please?

thanks

hmmm hopefully good news then as we are only in a 5 year IVA but I thought they always had the possibility of extending to 6 year term to re-coup some of the equity? Hopefully someone will be able to confirm for me.
Thanks for your help

Hi Currently in 4th year so equity release clause now kicks in, the clause is only on my half of the IVA not my husbands so they cannot touch 50% of the equity, have had 2 valuations so far £84,950 and £89,950 (optimistic!) outstanding on mortgage is £68,000. What can they do in this situation pleas...