As Foggy says check your proposal to see what was due to happen with the property.
Also, what was the original term of the IVA meant to be? Most standard ones are for 5 years with a year extension in lieu of the equity.
IF your \IVA has been extended already for the equity then they cannot now repossess it - they cannot have it both ways and can only have what was accepted in your IVA T&Cs (unless you are in breach and it fails).
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