Fully Redeeming the AFHOS Equity Loan

Your AFHOS Equity Loan can be fully redeemed at any time after you have been in the property for 3 months. You will be required to get a valuation of the property from a qualified RICS surveyor before redeeming the loan.

The example below shows the redemption figure based on a property initially purchased for £200,000 with an equity loan of £50,000 (25%). However, at the time of full redemption the property has been valued at £250,000*.

Original Purchase Price	£200,000
Original AFHOS Equity Loan (25%)	£50,000
Valuation of Property at time of full redemption	£250,000
Equity Loan to be repaid (25%)	£62,500

* Any improvement works done to the property will be taken into consideration during the valuation, and if they have added value to the property this will be reflected in the redemption amount

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