Lisa Thomas wrote:That suggests to me that the property is NOT excluded.
The way I read it is that the 12 months was added on to the IVA at the start to negate the need to include the property (which, I have to say, is an unusual move unless there are circumstances of which we are not aware).
Possibly, at the inception of the arrangement, taking into account that the mortgage was interest only and the ages of the applicants, the IP had the foresight to see that a remortgage was going to be impossible and so tacked on the 12 months instead.
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