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Glossary   >   E   >   "Equity release" Definition            Equity release A type of remortgage where you own your home outright but wish to use it as security for new borrowing. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Equity release - A type of remortgage where you own your home outright but wish to use it as security for new borrowing.