Hi CD, thanks for your reply.

I read about bir dogging in 0 to 30. So I guess I’d be kind’a new at it. :p

In the last 20 odd years, my wife and I have gone through the process 3 times for our PPOR but not for an investment and not for a 3rd party. We have from time to time considered what criteria would suit our circumstances for an IP, but…[Read more]

Thanks Terry,
I guess it’s how you get your solicitor to word the contract. I suppose I should talk to our solicitors to see if they’re experienced in such contracts.

Thanks guys,
Much appreciated.
Terry, email sent.

It would be interesting to get a CAV guideline for what they think is acceptable when doing a wrap.

Thanks Robert, I’ll check her out.

Thanks Robert, much appreciated.

So a wrap is like a mortgage but it isn’t? Regardless of how much the wrap customer has paid into the deal, they could potentially (if you were a dodgy wrapper) lose the lot?

Not wanting to be a dodgy wrapper, what are the usual conditions a wrapper might set?

I imagine the answer could be complex, and I’ve been…[Read more]

Thanks Robert,
I’ll chew that one over for a while.

Hi,

I didn’t get the newsletter. I’ve checked my profiles and it says I’m subscribed to it. Any chance I could get it sent again?

Thanks,
Andrew

Apologies mate, I was expecting 7 or 8% or some such. Hell, at the figures you quoted they’re not bad! Very encouraging in fact.

Off to bed now…. Many thanks.

Sorry Robert, I meant for low-doc and no-doc loans; what sort of rates would you expect for them.

Thanks again.

What sorts of interest rates could be expected?
And do such loans make wraps difficult?

Thanks Robert.

What’s low doc and no doc?

Andrew