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in my case there is no stamp duty as I already hold. I owe 320k on it and the land component was recently valued at 400k (+ current house valued at 85k). So its a 80% LVR on the land component, and currently 66% LVR as-is. I must confess I'm confused by what you said sorry. generally i...

Colin, thanks for the prompt response Is it net 75% of 'subdivided' end value or 75% of in-line value? it it limited to development in WA or available nationally (strange question but i'm sure it was noted earlier in the thread that it was for WA only)? any examples of lenders that...

Can someone help me with this to confirm my understanding. I met with my MB to discuss funding strategies for a development I'm looking at. I want to build 3 townhouses on a block I own. My MB indicated if I fund on resi terms i can only secure funding to 80% LVR on the land val plus...