What is the difference between equity in a bond and equity in a property, and how can equity in a property potentially affect the amount of a mortgage loan?

People often get confused between equity in a bond and equity in a property. Equity in a bond is the amount of additional money you’ve put in, above and beyond your minimum repayments. This can be withdrawn if you have an access facility. Equity in a property, however, is the amount by which your home’s value has increased since your loan was granted. If this amount is significant, you could potentially convince your bank to increase your bond accordingly.