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Thankfully dont need to borrow funds to do the subdivision as i hear development finance is rather hard these days. Has anyone heard of any situation where the bank tries to stop you getting the titles issued or calls in the loan when you tell them you are subdividing the blocks?

Hello, Loan is portable the concern is they may not like me subdividing the block or less land area than they had before. Also i would very much not like to be asked for new financials as the loan is a lodoc and these have tightned up a lot since i got this one.

Hello, I am doing a subdivision turning 1 big block into 10 small blocks. I have a residential land loan on the 1 big block. I would like to keep the loan and transfer the security to around 4-5 of the newly created blocks, keeping the lvr the same as when i took out the loan. Does anyone...