Valespark

We have recently been through this issue.

In our case, instead of paying 6 months upfront or having to ask somebody to be a guarantor, we were able to prove that we could support ourselves without income help for the length of the lease. Not sure how the calculation works, as the number was given to the letting agent by the referencing company, but for £1200 PCM rent, they wanted to see savings of 21k to avoid the need for upfront payment or a guarantor

I have made a few enquiries recently with regard to UK expat mortgages etc. From the broker I have had email exchanges with, it all seems very possible.

In essence they can arrange a mortgage for 75% LTV, which comes with an automatic rent permission, so you can buy now and lease out for a while, before you return.

Extract of email

Option – This option is only available when position is permanent, you will also need to be out of the UK at time of submission of full application

Raise a mortgage up to 75% of the property valuation - this is classed as a Main UK residence and comes with an automatic consent to rent the property out.

18 month Tracker Rate of 1.7% above UK base rate (0.5%) with a bank arrangement fee that can be added to the mortgage of £999

2 Year Fixed Rate of 2.69% with a bank arrangement fee that can be added to the mortgage of £999

2 Year Fixed Rate of 2.4% with a bank arrangement fee that can be added to the mortgage of £Zero

3 Year Fixed Rate of 2.9% with a bank arrangement fee that can be added to the mortgage of £999

5 Year Fixed Rate of 3.75 with a bank arrangement fee that can be added to the mortgage of £999

5 Year Fixed Rate of 3.99% with a bank arrangement fee that can be added to the mortgage of £Zero

Broker fees on top.

Whether it is really as simple as that I don't know......My only advice would be to buy in an area you understand.

VS

Hi,

You need to view years 11 & 12, as a 2 year course. They function same as "A" levels, in that the score achieved will determine what choices are available for University.

Sensibly, your son will need to do both years in full, otherwise he will not accrue a high enough score.

The GCSE's have no value, sorry. There is no equivalent here

VS

Having lived in Melbourne, and visited Sydney many times, I feel it's a pretty good assessment.

it will be interesting to see how both cities compare from a living point of view, as well as a tourists perspective

Hi,

Can you give me your opinion on the following:-

- 2011

- Mazda MX5 Roadster Coupe, Automatic

- Convertible Coupe (Hard Roof, powered retraction)

- 2L Petrol

- Automatic

- Rear wheel drive

- 1500 (yes only 1500! wifes car)

- Standard UK Spec, Leather, Bose stereo, cruise, reversing sensors

- does it have aircon - Yes

- UK value £13000

- Australian RedBook value $33,000 to $37,000

- Australian market value $47,000 (Drive away, dealer)

- Sydney

Thanks