Business Terms and Jargon Explained

What is Equity Release

This is when a property that has been purchased and paid for in full is used to get a loan. This is to release the equity in the property.

This is a good way of releasing the equity in the property to raise funds. The only other way to release the equity is to sell the property.

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Term created / updated 2006-03-23 10:39:25

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