Overview

equity withdrawal


Show Summary Details

Quick Reference

Raising a new or increased mortgage for some purpose other than buying or improving the mortgaged property. It may be used as a means of raising capital to start or expand a business or as a means of raising a cheaper, secured, loan to pay off unsecured debts already incurred at a higher interest rate.

Subjects: Economics.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.