understanding financial jargon
Equity Of Redemption
The Equity of redemption is an interest in the land the mortgagor has. The mortgagor has the right to redeem at anytime from creation of the mortgage and, indeed, can dispose of that interest, for example, by selling it.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
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