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Reopening an old thread! but are the circumstances still the same today for wrapping. Does anyone know of a good solicitor who can handle the paperwork to set up a wrap? Is the new purchaser entitled to FHOG and stamp duty concessions like a normal purchaser?

I thought that the wrapee's name wouldn't go on the title until the last repayment is payed?

Thanks for all your input guys. Cleared quite a few things up in my head.

I'm assuming that it's within the lending contract that I must notify the bank when I'm doing anything - including wrapping it to someone else. Just wondering what the bank will say when I notify them, will they approve it or deny me doing it? I'm assuming it's a major event as the names on...