Frequently Asked Questions

The No Negative Equity Pledge ensures that borrowers will not have to pay any shortfall in the difference between the sale price of their home and the outstanding loan balance assuming the borrower has complied with the terms and conditions of the loan.

Yes, while we will register a first mortgage over the property, your home remains in your name until it is sold, when the loan and the interest plus fees and costs must be paid. After repaying the loan balance, any surplus is paid to either you or your estate.