Equity mortgage
General Discussion

okanagan
okanagan
2 Thanks
173 Posts
9 years ago
0
I have just read about a scheme whereby an equity mortgage can be obtained resulting in no monthly mortgage payments or interest. However, instead the company requires 40% of equity on the sale of the property. (Second charge)

Has anyone any dealings with this who can offer any advice...or any brokers could set this up? (Shared Appreciation Mortgage)

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