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Ah, so assuming you have paid LMI to say, 85%, then you need to stay at that level or below. If you go above to say 90% then you pay LMI on the 5% differential

Thanks Brady Is 80% the norm for banks to stay happy?

Thanks for that. Is my logic still correct though in that it is the banks prerogative to re-assess your LVR if you decide to sell one of your properties and you might need to use some of the sale proceeds to top up an existing mortgage or at worst they would not even let you sell your property

So just to understand x coll is a problem because you may want to sell a property but depending on the capital movement the bank might not let you sell as your remaining LVR on existing properties will move to a dangerous level. Is this level more than 80% normally? As a result they might...