Equity release question

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mark407

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Post by mark407 » Wed Aug 11, 2021 4:11 pm
Under what circumstances would a IVA require equity release from a home?

Foggy

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Post by Foggy » Wed Aug 11, 2021 4:18 pm
If a homeowner you are contracted to attempt to release equity towards the end of the arrangement. If unable to do so then the arrangement will be extended by 12 months instead.

So -- if you have enough equity and are able to release it you have to.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

bowline

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Post by bowline » Fri Aug 13, 2021 3:35 pm
Are you already in an IVA or are you thinking about one?
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