Discover everything you need to know about equity in your home – including how to build equity, what negative equity is and ways you might avoid it.
What is equity?
Equity is the amount of a property that you own. As you pay off your mortgage, you’ll increase your equity in your home. Equity can also change due to rising and falling house prices.
What is home equity?
Home equity is the value of your home that you “own” – you build equity by paying off your mortgage and with your mortgage deposit. Find out more about how it works here.
What is negative equity?
Negative equity is when the amount you still owe on your mortgage is more than the market value of your home. Learn about negative equity and some ways you might avoid it.
You could lose your home if you don’t keep up your mortgage repayments
Important legal information
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