Video with Sumit Joshi, RyRo Loan Centre
Five ways to build equity faster
- 0:38
- Posted 7 May 2025
- Read the transcript
What this video covers
Five ways to build equity in your home faster: a bigger deposit, extra repayments, lump sum payments, renovations and holding the property for longer.
Related: Using your home equity
Transcript
What Sumit says
0:00What are the five ways to create equity? When you buy a property try to make a large deposit. That's number one. Number two when you have a mortgage make extra repayments if possible. Number three make a large lumpsum deposit into your mortgage when and if you have the money
0:20number four do renovations or upgrades to your property on a regular basis and. Number five hold the property for a longer period of time. It will automatically increase in its value.
Transcribed from the video and lightly corrected. General information only, not advice for your situation. See our disclaimer.
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Sumit Joshi JP, Credit Rep 446824. AFG Award Winner 2013 to 2019 and AFG Excellence Awards finalist 2022 to 2026.
