diff --git a/app/models/sales_log.rb b/app/models/sales_log.rb
index 6ac2979c8..ad6984e07 100644
--- a/app/models/sales_log.rb
+++ b/app/models/sales_log.rb
@@ -542,4 +542,8 @@ class SalesLog < Log
   def address_search_given?
     address_line1_input.present? && postcode_full_input.present?
   end
+
+  def is_resale?
+    resale == 1
+  end
 end
diff --git a/app/models/validations/sales/financial_validations.rb b/app/models/validations/sales/financial_validations.rb
index 3e1d3dfb8..9a119475f 100644
--- a/app/models/validations/sales/financial_validations.rb
+++ b/app/models/validations/sales/financial_validations.rb
@@ -96,9 +96,10 @@ module Validations::Sales::FinancialValidations
     if record.equity < range.min
       record.errors.add :type, I18n.t("validations.financial.equity.under_min", min_equity: range.min)
       record.errors.add :equity, :under_min, message: I18n.t("validations.financial.equity.under_min", min_equity: range.min)
-    elsif record.equity > range.max
+    elsif !record.is_resale? && record.equity > range.max
       record.errors.add :type, I18n.t("validations.financial.equity.over_max", max_equity: range.max)
       record.errors.add :equity, :over_max, message: I18n.t("validations.financial.equity.over_max", max_equity: range.max)
+      record.errors.add :resale, I18n.t("validations.financial.equity.over_max", max_equity: range.max)
     end
   end
 
diff --git a/spec/models/validations/sales/financial_validations_spec.rb b/spec/models/validations/sales/financial_validations_spec.rb
index dd71d0b24..d9f47d39a 100644
--- a/spec/models/validations/sales/financial_validations_spec.rb
+++ b/spec/models/validations/sales/financial_validations_spec.rb
@@ -338,7 +338,7 @@ RSpec.describe Validations::Sales::FinancialValidations do
   end
 
   describe "#validate_equity_in_range_for_year_and_type" do
-    let(:record) { FactoryBot.build(:sales_log, saledate:) }
+    let(:record) { FactoryBot.build(:sales_log, saledate:, resale: nil) }
 
     context "with a log in the 22/23 collection year" do
       let(:saledate) { Time.zone.local(2023, 1, 1) }
@@ -373,6 +373,14 @@ RSpec.describe Validations::Sales::FinancialValidations do
         expect(record.errors["equity"]).to include(match I18n.t("validations.financial.equity.over_max", max_equity: 75))
         expect(record.errors["type"]).to include(match I18n.t("validations.financial.equity.over_max", max_equity: 75))
       end
+
+      it "does not add an error if it's a resale" do
+        record.type = 2
+        record.equity = 90
+        record.resale = 1
+        financial_validator.validate_equity_in_range_for_year_and_type(record)
+        expect(record.errors).to be_empty
+      end
     end
 
     context "with a log in 23/24 collection year" do