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Thanks for the replies. Having more ''control'' over valuations (to a degree) is a good reason for me to avoid x-coll.

Bump. If you have all your loans with one lender but are not x-colled, and you want to access any increase in equity, will that lender have to re-value all of your properties at that time?? At their cost, or yours? Would that also happen if it's x-colled? I'm thinking that the more you...

Yes, that's what I will consider doing at the time.

Hi Rolf, Thanks for the examples. If the client formally x-colled one or more IP's would that have reduced the lender's perceived risk? Sounds a bit like my situation late last year!

I would be very much interested in what the brokers here have to say about this... Are brokers in a position to negotiate much with lenders compared to a borrower negotiating with a lender direct? Doesn't a lender have to consider the cost of broker commissions on top of any further discounting?

Hi Rolf, Can you give us an example of a TAE/TLA for an average client on a certain income etc... Also, I would be interested in other people's thoughts on this post: ... which Rolf has replied to above...

If I was hypothetically at 80% LVR, how would I expand without getting a 20% cash deposit from somewhere... or without LMI?

Not sure if they'd go over 80% (that would be nice!), but what I'm suggesting is that if for example you have a total portfolio LVR of 70%... if the loans here are all with one lender, that lender is more likely to take the total LVR to 80%, and even more likely to do so if there is some degree...

Thanks for your thoughts Rolf, will give a reply to this later in the day.

My experience in the last 12 months with LMI is that although it's there to utilise, they seem to apply much higher borrowing criteria than the banks making it almost impossible to get a higher geared loan through with LMI applied. I tried using a bank with ''open policy'', but that didn't work...

Great work traveller. I like the idea of having 2 IPs crossed for each loan, rather than everything crossed with each other. It's like giving up a little control for more leverage, but not total control so as to lose flexibility. Do you have the all monies clause applicable to all of...

Hi there, The topic of this thread is from ozperp's blog note below (thank you ozperp!): http://www.somersoft.com/forums/blog.php?b=70 I must admit I've read a lot about this x-coll monster over the years and avoided it like the plague (only to later find out about the ''all monies...