What happens to equity in a distress sale?

In a distress sale, equity is the amount left after all debts secured against the property are paid.

This includes:

• Your mortgage balance
• Any arrears or fees
• Any secured loans

If the sale price is higher than what you owe, the remaining amount is paid to you as equity.

If there is no equity or the property is in negative equity, you may need to agree a solution with your lender.

Acting quickly is important, as delays can reduce your equity through additional interest and charges.

Sell House Fast provides a fast and direct route to selling, helping you protect as much of your remaining equity as possible. To understand your position, discover how much your property is worth and start the process with us.