Hi all,
New to the forum and just after some advice.
My background/Story.
Moved over to Australia/Melbourne September 2016 with my Australian girlfriend. I originally wasn't sure if I was going to stay in Aus long term, but after 6 months decided to stay and lodged my Defacto/Partner Visa, this was granted 5 months ago.
Because I was not sure if I was staying in Aus when I left, I didn't tie up any financial knots, and to be honest not really sure what I needed to do.
Since being here I have completed 2 Aussie Tax returns (2016-17 and 2017-18) and done a UK tax return for the last year I was there, 2016-17
I own/have a mortgage on a house in the UK, London . (which I need to remortgage as the rate as jumped up to a standard variable rate)
I rent this house, so earn a very small amount of money, most the profit is used up paying for storage of my old furniture in the UK.
I have a pension from my previous UK job, worked there for 10 years. I'm 30 years old now.
I have a life insurance policy, I am still paying for from my UK bank account.
We want to buy a house overhere.
So my questions are:
Is there a financial adviser/accountant/mortgage broker people recommend that deals with both UK and Australian situations?
Is it possible to remortgage my UK house and release equity to give us enough money for a deposit to by an Aussie house?
Do I need to officially "leave" the UK for taxation purposes?
Is there any other financial knots that need to be tied that I am unaware of?
Any advice or feedback will be great!
Matt