drewby

Hi drewby,

i too am experiencing problems trying to find a re mortgage with sensible rates for a uk property. I would

like to release some equity to buy here in oz. there does appear to be some rule or law which makes the process difficult (hence more expensive), but am struggling to get a definitive answer as to what this is.

Have you managed to find any meaningful advice, or found a suitable broker to help you out?

any advice appreciated, thanks

What's your email address? I'll mail you a helpful broker's details.

I don't understand what you mean, in fact, am quite baffled. In order to get any meaningful replies, i would suggest you explain exactly wat you have been told and by whom? E.g what lenders, where based etc.

Thanks for your mail Rupert.

I have approached a specialist expat mortgage company (easily findable via google), who are based in UK. They can offer excellent rates when remortgaging a UK property from Australia. However, in order for the application to be submitted, the applicant must be outside of Australia. I am wondering if anyone else has had a similar experience, as it seems strange.

Having just received confirmation that my PR has arrived, I now want to remortgage my property in the UK.

There are no financial issues (thankfully) which should cause issues, but I'm struggling to find a lender with decent rates who doesn't require me to leave Australia when the new mortgage application is submitted.

This seems entirely bizarre to me: needing to go abroad (from Australia) in order to apply for a remortgage in the UK. Has anyone else experienced this, and/or could anyone please suggest a good company to use?

Many thanks