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Thank you for your comments. Re: Bradsdad comment "There maybe a clause in there that a certain % of apartments must remain in the pool..." I have confirmed with Strata Manager and through solicitor that there is no clause as such. Letting pool is completely voluntary. Any further...

I have applied through Westpac for a 95% LVR loan on PPOR apartment, credit approved but advised Genworth refused LMI on grounds that "building contains short-term letting pool and assume that property will be used for such" :confused: The property is: * Being purchased "Vacant Possession"...