After you have submitted the relevant documentation, whether for selling or repaying, you and your solicitor will receive a redemption (repayment) letter. This will confirm that you can repay your equity loan, the percentage of your original equity loan and the amount to be repaid.
Hi Tracey Many thanks for sending this through and for the advice – most helpful. I have just sent the documents and spoken with Target on the phone (Caitlyn) who took my payment, looked over the documents and uploaded them to the redemption team as we spoke. Thanks again for yours and Richard’s help. All the Continue Reading
