Hi I received a letter last year giving us an end date June 2017 and today I received a letter asking us to remortgage can they do this if we have an end date
If you have a property and sufficient equity, yes, as detailed in the agreement. The end date is that of the original term after the equity due has been paid - the agreement will allow for this to be extended if unable to remortgage or if the equity falls below £5k. This will all be in your paperwork.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
