Cheers Foggy. The 85% calculation is used correctly later on in the e-mail and it is more than £5k, even with the incorrect valuation figure used. The issue is the fact that the equity is potentially more than the amount of IVA outstanding, therefore their 100% cap would apply. I therefore need the ...

I have received an e-mail at month 67 stating the following : "We have completed an equity assessment on your property using the following rule: Six months prior to the expiry of the IVA there should be an attempt to release home equity (this would normally be after month 54, unless the IVA has been...