Second share equity home loan ready for market

ING, Adelaide Bank and another unnamed lender will market a home loan with an “interest free” component that comes with a catch. Home owners will be able to borrow up to 20 per cent of the value of their home, interest free, in exchange for 40 per cent of any future capital gain on the property. The home owner would be liable for 20 per cent of any fall in the value of the home.

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