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Australian mortgages


Fisher1

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Just a thought - we have been considering the possibility of a buy to let in Oz while still non res. with a view to living in said property in years to come. I am fairly sure we can buy, as long as it is new build property - but I am wondering if there is any possibility of getting an Oz buy to let mortgage (as non- residents) to avoid having to ship all our savings over here before we need to.

 

 

 

Thanks for any advice on this.

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Just a thought - we have been considering the possibility of a buy to let in Oz while still non res. with a view to living in said property in years to come. I am fairly sure we can buy, as long as it is new build property - but I am wondering if there is any possibility of getting an Oz buy to let mortgage (as non- residents) to avoid having to ship all our savings over here before we need to.

 

 

 

Thanks for any advice on this.

 

 

Hi Fisher1

 

 

So are you still in the UK?

 

 

 

Generally Non-Residents can borrow up to 80% of the property value for investment loans/mortgages.

 

 

Regards

 

 

Andy

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