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Equity is something that every homeowner should be aware of. Simply put, the equity you have in your home is the market value minus your mortgage. So, if your home was worth £500,000 and your mortgage was £300,000, your equity would be £200,000.
There are several ways to maximise your equity in your home. Here are some suggestions for you to consider.
Understand your current equity...
Keep up-to-date with the latest property news in the UK.