I wonder if anyone has an answer to this as i have been sat mulling it over this afternoon.
When making a F&F offer do we have to also think about releasing the equity we have in the house or is it just based on the number of payments we have left to make?
The equity should be taken into account as creditors would get some equity release or an extension. Most IPs would want to see up to date valuations and mortgage statements unless there is no longer any surplus income in which case it is irrelevant anyway.
