Having had a very good conversation with our IP today we are looking at the possibility of offering a F&F through sale of 2nd property.
We are approaching month 60 and want to offer something in lieu of an additional 12 months.
We will have between 8-12K equity in said property and we will owe £3000 (12x250) - so looking at offering £5000 to settle the IVA early. We would also like to say that if we got towards the top end of the valuation the remaining would be ours to do home improvements and/or buy a second car (for work).
Thoughts on this being accepted?
Thanks in advance.
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