andyperiam Posted January 31, 2011 Share Posted January 31, 2011 I am planning on returning to the UK with my family. We thought we would return there for a few years to see if we can settle back into UK life, before making a decision to permanently settle. I have a property in Sydney with plenty of equity and am wondering if it is possible to rent the Sydney property, take the equity out of the sydney property and take that money to the UK to buy a house there. Is this legal/possible/feasable/ a bad idea ???? Andrew Link to comment Share on other sites More sharing options...
KIRK AND CO Posted January 31, 2011 Share Posted January 31, 2011 I am planning on returning to the UK with my family. We thought we would return there for a few years to see if we can settle back into UK life, before making a decision to permanently settle. I have a property in Sydney with plenty of equity and am wondering if it is possible to rent the Sydney property, take the equity out of the sydney property and take that money to the UK to buy a house there. Is this legal/possible/feasable/ a bad idea ???? Andrew Only if the bubble bursts & I expect it will. Link to comment Share on other sites More sharing options...
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