The article states, 'In return, the borrower agrees to surrender up to 40 per cent of future capital gains made over a 25-year loan term'
Does this mean that come the end of the 25 year loan period the bank will force you to sell your home so that they can claim their 40% of the capital gains? An alternative option for the bank would be for them to increase your loan by 40% of the CG?
Does this mean that come the end of the 25 year loan period the bank will force you to sell your home so that they can claim their 40% of the capital gains? An alternative option for the bank would be for them to increase your loan by 40% of the CG?