What does Equity mean?
Equity is the value of your investment in the property. If a property is valued at £100,000 and you have a mortgage of £75,000 on it, the equity in the property will be £25,000.
Equity is the value of your investment in the property. If a property is valued at £100,000 and you have a mortgage of £75,000 on it, the equity in the property will be £25,000.