diff --git a/app/models/validations/sales/financial_validations.rb b/app/models/validations/sales/financial_validations.rb
index 24c031a1f..8f81aa117 100644
--- a/app/models/validations/sales/financial_validations.rb
+++ b/app/models/validations/sales/financial_validations.rb
@@ -98,7 +98,7 @@ 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, 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
       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)
diff --git a/app/services/imports/sales_logs_import_service.rb b/app/services/imports/sales_logs_import_service.rb
index 5f5f50571..f79f05cf1 100644
--- a/app/services/imports/sales_logs_import_service.rb
+++ b/app/services/imports/sales_logs_import_service.rb
@@ -214,7 +214,7 @@ module Imports
         @logs_overridden << sales_log.old_id
         attributes.delete("income1")
         save_sales_log(attributes, previous_status)
-      elsif sales_log.errors.of_kind?(:equity, :over_max)
+      elsif sales_log.errors.of_kind?(:equity, :over_max) || sales_log.errors.of_kind?(:equity, :under_min)
         @logger.warn("Log #{sales_log.old_id}: Removing equity as the equity is invalid")
         @logs_overridden << sales_log.old_id
         attributes.delete("equity")
diff --git a/spec/services/imports/sales_logs_import_service_spec.rb b/spec/services/imports/sales_logs_import_service_spec.rb
index c0e32d48c..928b8db7a 100644
--- a/spec/services/imports/sales_logs_import_service_spec.rb
+++ b/spec/services/imports/sales_logs_import_service_spec.rb
@@ -463,6 +463,30 @@ RSpec.describe Imports::SalesLogsImportService do
       end
     end
 
+    context "and it has a record with invalid equity (under_min)" do
+      let(:sales_log_id) { "shared_ownership_sales_log" }
+
+      before do
+        sales_log_xml.at_xpath("//xmlns:Q23Equity").content = "20"
+      end
+
+      it "intercepts the relevant validation error" do
+        expect(logger).to receive(:warn).with(/Log shared_ownership_sales_log: Removing equity as the equity is invalid/)
+        expect { sales_log_service.send(:create_log, sales_log_xml) }
+          .not_to raise_error
+      end
+
+      it "clears out the invalid answers" do
+        allow(logger).to receive(:warn)
+
+        sales_log_service.send(:create_log, sales_log_xml)
+        sales_log = SalesLog.find_by(old_id: sales_log_id)
+
+        expect(sales_log).not_to be_nil
+        expect(sales_log.equity).to be_nil
+      end
+    end
+
     context "and setup field has validation error in incomplete log" do
       let(:sales_log_id) { "shared_ownership_sales_log" }