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Hi Tracey, From a lenders risk point of view, even if they release half of his portfolio, they've still got the risk of holding the other half. From his track record they know full well that he'll be using this freedom to increase his borrowing with the new lender, hence their risk potentially...

Hi Dazz, I suspect that you've been told in no uncertain terms that if you try to remove a security you'll be required to reduce your liabilities to the lender more than what 'should' be the LVR against that product? Unfortunately I don't see any way out of it short of moving absolutely...