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Equity
the difference between your property’s value and the loan amounts secured by the property.
A home equity loan is a type of loan in which the borrower offers their home's equity as security. The value of the property determines the loan amount, and the value of the property is determined by a lending institution appraiser.
Learn MoreEquity release can be useful if you want to repay an existing mortgage, You may also choose to use equity release to help you pay debts that you owe. Equity release can be helpful in different ways, but always contact us for advice before choosing this option.
Learn MoreEquity release can be useful if you want to repay an existing mortgage, You may also choose to use equity release to help you pay debts that you owe. Equity release can be helpful in different ways, but always contact us for advice before choosing this option.
Learn MoreBanks will usually lend up to 80% on the value of your property, provided you can meet the repayments. Usable equity is the difference between this amount and the existing lending you have against the property.
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