If you own your house, what kind of equity (in percentage terms) do you have roughly?

[Twiglett]

Just because we're talking about the housing market dropping and the potential re-emergence of negative equity I'm wondering what kind of exposure people have.

I'll start by saying we're bloody lucky in that we have something like 73% equity at a conservative valuation of current prices which means we could easily swallow a 25 - 35% market fall

what about you?

85% equity in our home
67% equity in the flat I bought before meeting DH and still own.

no mortgage here so I guess that is 100% equity

We had 20% in our old house, then sank inheritance into the mortgage, swallowing the penalty, and owned it outright. We are very lucky that we sold in an area that was going up, but is now drastically dropping, and moved to one that seems to be stable (for now)

Ours is about 50%...assuming we sold the house for what we paid for it 2.5 years ago.

Don;t really know what it would be worth currently, nothing is moving round here atm.

Our mortgage is fixed for another 2.5 years and will hope to get anotehr fixed rate after that, although of course we are with the Rock

Just worked it out with DH, over the top is 100%, but we should have 80% at least.

Mortgage fixed until 2010.

About 65% equity here, I guess. Live just around the corner from you Twig (used to be Daphne then flounced then was weak and came back ).

About 30% of this house is ours but I have no intention of moving.

20% and a 5/6 times salary mortgage

this is my dream house

I really don't know how much my flat is worth. Conservatively, 50%. I'm very lucky, I happened to buy at exactly the right time

About 60 per cent at the moment but just sold and if we buy straight away rather than rent we'll drop to about 40 per cent

We must have about 80% equity, as we have owned the house for 11 years - we started out with 100% mortgage but the house has appreciated immensely (we did do some improvements, but a great natural increase too).

We couldn't afford to move up. A garage and downstairs toilet would cost us about 300k. We are lucky that we are very content with our house so don't hanker after something else.

65% equity 35% mortgage here

isn't the more relevant figure your income multiplier?

It's all very well having equity but you have to be able to afford the payment if interest rates rise (not that they look like doing this atm)

Clearly if you have equity you can sell so avoid reposession

I had 75% on my house when I was single, then we sold that and bought this, currently about 35-40% equity.

We have 65% equity and 3 x income multiple on remaining mortgage Countess and we find it a struggle, paying interest only too atm!

Can only imagine those on 5-6 x salary mortgages have bloody huge salaries. We do only have one salary atm, though: all set to look a little brighter when youngest dc starts school in September. And I go out and earn something. Just a few hundred quid would make a difference tbh.

Ditto pooka

about 35%ish

not had a mortgage for 2 years yet though

We hold 60% of value and are hoping to pay off our mortgage in a year. Then we'll have no savings or other investments, but nobody ever slept in a share certificate!

about 70 per-cent we put about 90 percent down outright when we bought due to inheritance money however since then we have remortaged to do the house up and get a new car.

Our house is on the market. We have about 60% equity but have decided to sell and rent for a couple of years. I think the market is slowing down and want to sell now. Am hoping that the market will pick up and then we can bag a bargain!!!

Yes we have about 75%equity and our mortgage is only 2x dhs' salary but, we both had our own separate properties, which we sold before we bought this one, so we only mortgaged for less than half of what we bought it for. So even if it drops to pre 2000 levels we will still be in equity.

can some folk come on this thread with like 5-15 % equity please - you are sadly lacking