Original article by Sarah Petty
The Australian Financial Review – Page: 25 : 23-Sep-26
A growing number of Australians are opting to buy a home via shared equity schemes offered by non-bank lenders. Factors such as rising interest rates and the increasing difficulty of obtaining mortgage loans from traditional banks have contributed to the popularity of shared equity schemes, which often offer loans with a low or even zero deposit. However, there are risks associated with shared equity schemes, and Sally Tindall from Canstar says people who are thinking about taking out such a loan should read the fine print, get financial and legal advice, and consider alternatives.
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