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I am sure it will all be there in the fine print(the details that is.). This is one loan doc that will have to be read very carefully before proceeding. Simon

There was an error in my spread sheet fixed now. thanks Handy Andy

Hi Michael G The main difference I see would be the purchase price would not be inflated as with a wrap. Another difference might be that the advantage of wrapping is for short term gain(pre qualifying buyers to refinance later), whereas the Equity share structure is for the long term profit...

Sorry I forgot the attachment Here tis

Hi Guys I have attached a calculator to this thread that might help with the calcs. Remember that the growth the bank should get is only on the growth minus the initial purchase price. Alternastively, If it means that the borrower surenders 40% total equity then that's is highway robbery and...

I have only now just read this article. I got so excited that I posted it without researching whether it was already there(Sorry geoffw:) ) This new product, I believe, could have a lasting effect on the property market. If the banks allow offset accounts against both mortgages. The product...