IP are saying I have to release equity but I can't remortgage

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Shaun Vickery
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by Shaun Vickery » Fri May 11, 2018 11:27 am
I'd suggest you ask your IP what evidence they will require that you are unable to re-mortgage. Different IP firms have different expectations but there is becoming a wider availability of products which may be why they are asking. You may also be able to access a secured loan (now referred to formally as a second charge mortgage) in order to achieve the same result.
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