Need to get a value for purchasing the leasehold for the property for select partnership.
Was expecting 8k nope just over 14k including fees.
So now i have a estimated value o. House of 103k and 14k to buy the leasehold

How did it end for you

I akso found this on aperture website which available equity is remortgage minus mortgage (and remorthage is set at max 85%ltv)[ my home safe in an IVA? Providing that you keep up with the payments on the secured loans your property should be protected. Your creditors may require you to raise some f...

Good news and bad news. My valuation stands however thry using the aperture way of calculating euqity release. Which is not the way debt free direct said they calaculate equity relaese over the phone when we tookout the iva. Is there any way to challenge this. Any one that can can look at the equity...

Hi guys and girls... Selecy ried to ring me thursday but been at work so will try monday. Still looking through documents and equity releasd and still and am still dumbfounded re equity release its drivibg me mad. The only other thing found in proposal is this extract. The amount of money introduced...

Select have said taken my valuation into consideration and has been passed back to aperture. So i guess just a waiting game now to see what the outcome is

Hi Jofoste. Just to re-iterate, any physical valuations you have had arranged will certainly be taken into account and I can see that we have already asked you to let us have a copy of this. A second charge mortgage will only be recommended if a) it is in your better interests compared to a re-mort...

Shaun vickery I ha e sent the valuation to the slect group. I guess just wait and see. If they use 103k- 83300 = 19700 less 15%___16700 in equity. However if i add the 16700 to 83300 = 100k. Which is well above85% loan to value. The first one sort of blows the calculation out of proportion. as by th...

From what i can see from my documents it says. If the valuation shows that 85% of my interest in the property after deducting mortgage and any secured loan is more than 5000 then i will seek remortgage if it is less than 5000 including any arrangement fee then i need contribute no more. I woukd be s...

Just received valuation from estate agents. Its at 103k
Mortgage oustanding is 83300
How is equity worked out.

Thanks. Spoke to select and they said any valuation would be taken into account. Estate agents just been looking at 101-103 emailing me valuafion letter tonight or in morning. Current oustanding on mortgage 83300. Due to only 60 years left on lease and condition fo property the guy also said he had ...

I have email select partnership re the issue with valuation. Due to get the written valuation i have paid for in a day or two. Sele t partnership are calling me back on monday from previous conversations abojt the equity release. So i will post any update. Thanks for the advice in the meantime

Can anyone help. We took out our iva in march13 with debt free direct iva supervisor was richard savage now with aperture iva abd supervisor elaine masters. paid 64 months was supposed to be 60 when i though id ring and ask wbats goin on. Only to be told aperture are passing us to the select partner...