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It is aimed at the "property rich, cash poor" and allows people to borrow a proportion of their property's value which is paid back, with interest, when they die or sell their home.
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(If he wanted to borrow a higher proportion of the value of his home, he would pay a higher rate - 6.3percentnt fixed if he borrows 25percentnt of the property's value, for example).
If you have certain medical conditions, you may be able to borrow a higher proportion of your property's value or obtain a better interest rate via an "enhanced" plan.
A lease arrangement under which the lessor borrows a large proportion of the funds needed to purchase the asset.
The analysis didn't find a big difference, though, in the amount borrowed as a proportion of savings, or in default rates.
"Can I borrow a pen?".
(You can borrow a pole).
We borrow a million dollars a minute.
Or borrow a DVD from the library?
Could friends borrow a white Jaguar?
Or borrow a friend's vacation home.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com