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MRT 2 · Accessing Property Equity
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Accessing Property Equity
The four methods of releasing equity and when each is appropriate.
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Key points
Question 3
Which term matches: "Increase loan amount on standard terms; assessed on income/affordability"
Question 4
What does "Further advance" mean?
Question 5
Match each term in "Key points" to its meaning
Tap a term, then tap its matching definition.
Question 6
Fill in the blank
______ — Loan secured on property behind existing first charge
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What the exam tests
The four methods of releasing equity and when each is appropriate.
Question 8
True or false?
The four methods of releasing equity and when each is appropriate