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Positive equity

Language: English Series: Financial Times ; 14 December 1996, 2.3(2)Publication details: 1996Subject(s): Summary: The Bank of Scotland has launched a new shared appreciation mortgage (Sam). The bank will lend money at a fixed rate in return for a share in any increase in the value of your property.

The Bank of Scotland has launched a new shared appreciation mortgage (Sam). The bank will lend money at a fixed rate in return for a share in any increase in the value of your property.