How much equity do I have in my home?
Your equity is the part of your home you actually own outright. It is the value of the property minus anything you still owe on a mortgage or secured loan. This tool shows it in pounds and as a percentage of the home.
The equity you hold
£260,000
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Assumptions: use a realistic, up to date value for your home, not the price you paid or a hopeful guess. A formal valuation may come out higher or lower. Include every loan secured against the property, not just the main mortgage. This is a rough working figure, not a survey.