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by Jane6268
Wed Sep 05, 2018 7:23 pm
Forum: equity release
Topic: Early equity release
Replies: 5
Views: 37836

If the month 54 was amended to month 30 (rather than month 30 being added in as a seperate exercise, then I would say they can only have one bite of the cherry. This is a wholly unreasonable clause, as getting a remortgage in the middle of the term will probably prove nigh on impossible (and HMRC w...
by Jane6268
Wed Sep 05, 2018 6:52 pm
Forum: equity release
Topic: Early equity release
Replies: 5
Views: 37836

Might I ask why you have to release equity at month 30 ? What happens if you are unable to ? Have they simply (for some reason) moved the equity release exercise forward. If your proposal doesn't mention the exercise being repeated it should not be. The original proposal said mo th 54 but HMRC modi...
by Jane6268
Wed Sep 05, 2018 5:35 pm
Forum: equity release
Topic: Early equity release
Replies: 5
Views: 37836

I have to release equity at month 30 and carry on with the IVA until the end. If I can pay the money at month 30 will there be a second equity release requirement in or about month 54? Any help appreciated thanks Jane
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