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4.2 Issue of Certificate of Entitlement for Essential Repairs

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A Certificate of Entitlement for essential repairs should be issued to persons whose physical and financial circumstances prevent them from carrying out the work and who have otherwise done everything possible within their resources to complete the work.  Consideration should also be given to the possibility of completing the work with finance from another source or with family assistance.  Any amount of funds held in excess credits should be included as part of the applicant's overall financial circumstances measured against the hardship guidelines.

Considerations such as present condition, market value and estimated market value of the property after repairs are carried out would be the concern of the Bank as mortgagee and are not relevant in the decision to issue a certificate of entitlement.