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Home Equity

Home equity is the difference between the value of the property and the outstanding mortgage balance.  For example, if the property is valued at £200,000 and the outstanding mortgage balance is £110,000 then the equity is the difference, in this case £90,000.  The equity in the property is, if you like, your money i.e. you own the equity.  There are a number of ways to release the equity in the property.  One is to re-mortgage the property for a higher amount. 

Using our example above if that person wanted to raise £30,000 cash they maybe able to re-mortgage the property for £140,000.  Paying off the £110,000 outstanding mortgage and then they are left with the remaining £30,000.  Of course the monthly repayments may increase.

We believe that regulated service is the best service!

ABOUT YOUR MORTGAGE
Mortgage Type:
 *
Value of current or new property:
 *
Current Mortgage:
 *
New Mortgage:
 *
Do you have any secured loans:
Do you have any unsecured loans or credit card debt:
Have you missed any mortgage, credit card or loan payments in the last 12 months:
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Is this a self cert mortgage
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ABOUT YOU
Name:
*
Date of Birth:
*
E-mail Address:
*
Telephone Number:
 *
Postcode:
 *

On pressing the send button you will be contacted by All Loans who will put in touch with whole of market mortgage advisor.

* All fields must be completed

 

 

We believe the best assistance comes from a regulated mortgage broker!

Your home may be repossessed if you do not keep up repayments on your mortgage.



Please read our Terms Of Business for further information.

This web site is operated by Internet Marketing & Management Services Ltd and introduces clients to independent financial advisors. Internet Marketing & Management Services Ltd does not provide any finance advice and only acts as an introducer to regulated companies.

Internet Marketing & Management Services Ltd. Business address and registered office is 7 Fidlas Road Llanishen Cardiff CF14 0LW.
The company is registered in England and Wales under Company Number 520850

 


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