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I have indeed been thinking about walking my business elsewhere. However as that particular security is over the so called 600K LMI brick wall, my LMI bill would be looking frightening in any case. Were talking 18K LMI for 65K increase back up to 90%. I think I need to sit on the sidelines for a...

rolf Yea I could imagine people being a tad angry about it if investing in regional NSW.

...and here I was thinking I was rather safe with ING. They have one of the most stringent serviceability policies I or my broker know of, yet they are one of the first to go to 80%.

Although, break costs on one of my IP's is only $1700.

According to my broker ING Direct have just announced max 80% LVR on all investment loans on any NSW properties. As someone who has 2 IP's in Sydney ripe for an equity pull I am spewing:mad::mad: Mostly fixed rate too, so I can't move my business anywhere else for the foreseeable future.