Equity Release

First, what is equity? - Your equity in a property is the amount that you own outright. So, if you have a property worth £400,000 and do not have any mortgages secured on that property, then you have £400,000 equity. Whereas if you have a £100,000 mortgage on the property, then your equity is £300,000.

For more information on Equity Release talk to Dolphin Loans & Mortgages Ltd