Property Plus is an additional feature of the Leveraged Equities Margin Loan, allowing you to use real estate as security for your loan.
Property Plus is a feature you may be able to add to your Margin Loan Facility.
It allows you to lodge real estate, such as an investment home, that you currently own to secure your obligations under your Margin Loan Facility.
This means you can use equity in your Property to take advantage of other investment opportunities as they arise.
It is important to be aware of both the benefits and risks associated with a Margin Loan and the use of Property Plus.
More information is detailed in the Margin Loan and Property Plus Product Guides.
- Diversify your Investment Portfolio without selling your Property.
- Flexibility. Property Plus expands the list of investments you may be able to use to secure your obligations but does not change the operation of your Margin Loan Facility.
- Stability. Unlike other investments held as part of the Secured Portfolio, the Lending Ratio for Property usually remains fixed for the first 10 years.
- The Lender can sell your Property as part of the Secured Portfolio, which may be your primary place of residence when certain events occur, which include Margin Calls, Market Disruption, Material Adverse Effects, Events of Default and Termination. Please refer to the Leveraged Equities Margin Loan Product Guide for information about these events.
- Liquidity. It may take time to sell your Property to meet your obligations under the Margin Loan Facility where interest will continue to accrue until the net sale proceeds are credited to your Margin Loan account.
- Net proceeds may not cover the loan from the sale of your Property or other Investments held in the Secured Portfolio. You (or any guarantor) are required to repay the Total amount Owing when declared due irrespective any net sale proceeds.
Ensure you download the Margin Loan Product Disclosure Statement and Margin Loan Product Guide.
In addition to this, you will need to download the Property Plus Product Guide for more information.
Read each part of the terms and conditions and Application Forms for both products and obtain appropriate advice before applying.
- Download a copy of the Leveraged Equities Margin Loan Disclosure Statement and Product Guide
- Download a copy of the Leveraged Equities Property Plus Product Guide
All Applicants must read the Property Plus Product Guide in its entirety before applying.
Refer to the checklist for assistance in completing the Property Plus Application Form and lodge with your nominated Financial Adviser or Broker .
Alternatively, you can send your completed Application Form and Supporting Documentation to Leveraged Equities at GPO Box 5388, Sydney NSW 2001