What information do you receive as an investor?
We provide you with a summary for each proposed investment and ask that you sign an Approval Form (unless you have elected to use our Investor Trust Deposit facility). The information provided to investors regarding a Sub Scheme is:
- Commencement date of the investment.
- The amount of your investment.
- Total Loan advance.
- Loan Period.
- Interest rate payable to you.
- Frequency of interest payments.
- Borrower’s name and assessment of creditworthiness.
- Details of Sub Scheme Property.
- Amount, method and date of valuation of Sub Scheme Property, and LVR.
- Mortgage details, including ranking, and details of any other security.
- Insurance details.
- Details of the basis and frequency of interest rate reviews (if any).
You will also receive:
- Monthly interest statements;
- Annual Tax Statements; and
- Information concerning new Sub Scheme offers.