Australian mortgage brokers in UK
Jul 21st 2004, 9:36 am
#1
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Thread Starter
Joined: Mar 2004
Posts: 78
Australian mortgage brokers in UK
Has anyone out there ever arranged an Australian mortgage from within the UK? I have Australian residency but for numerous reasons will be stuck in London for the next 12 months. I want to invest in a property in Queensland, rent it, and maybe move into it within a couple of years. What are the rules regarding Ozzie mortgages...do you need to be living in Oz to get one? Does anyone know of an Australian mortgage broker/financial advisor based in London?
Cheers
Cheers
Jul 21st 2004, 9:40 am
#2
Tupperware's #1 fan
Joined: May 2004
Location: Crawley West Sussex
Posts: 2,315
Re: Australian mortgage brokers in UK
Originally posted by mjj
Has anyone out there ever arranged an Australian mortgage from within the UK? I have Australian residency but for numerous reasons will be stuck in London for the next 12 months. I want to invest in a property in Queensland, rent it, and maybe move into it within a couple of years. What are the rules regarding Ozzie mortgages...do you need to be living in Oz to get one? Does anyone know of an Australian mortgage broker/financial advisor based in London?
Cheers
Has anyone out there ever arranged an Australian mortgage from within the UK? I have Australian residency but for numerous reasons will be stuck in London for the next 12 months. I want to invest in a property in Queensland, rent it, and maybe move into it within a couple of years. What are the rules regarding Ozzie mortgages...do you need to be living in Oz to get one? Does anyone know of an Australian mortgage broker/financial advisor based in London?
Cheers
I'll PM you with some detals I am in the process of doing it, but bewarned if you do not move in within 12 months you will loose the $7000 1st time homebuyers grant.
Kala
Jul 21st 2004, 9:42 am
#3
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Joined: Jul 2004
Posts: 4,235
Re: Australian mortgage brokers in UK
Originally posted by mjj
Has anyone out there ever arranged an Australian mortgage from within the UK? I have Australian residency but for numerous reasons will be stuck in London for the next 12 months. I want to invest in a property in Queensland, rent it, and maybe move into it within a couple of years. What are the rules regarding Ozzie mortgages...do you need to be living in Oz to get one? Does anyone know of an Australian mortgage broker/financial advisor based in London?
Cheers
Has anyone out there ever arranged an Australian mortgage from within the UK? I have Australian residency but for numerous reasons will be stuck in London for the next 12 months. I want to invest in a property in Queensland, rent it, and maybe move into it within a couple of years. What are the rules regarding Ozzie mortgages...do you need to be living in Oz to get one? Does anyone know of an Australian mortgage broker/financial advisor based in London?
Cheers
You can get investment mortgages....We looked into getting one when we went home last year. The deposit you need is generally a minimum of 20%.
I dont know of mortgage brokers over here though, sorry.
One thing you might want to think about before doing it though is do you qualify for the First Home Owners Grant? Cause if you do, you have to be living in the house within 12 months of you buying it......you dont want to through away the chance of the $7000 grant....
Jul 21st 2004, 9:43 am
#4
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Joined: Jul 2004
Posts: 4,235
Re: Australian mortgage brokers in UK
Originally posted by Hels
You can get investment mortgages....We looked into getting one when we went home last year. The deposit you need is generally a minimum of 20%.
I dont know of mortgage brokers over here though, sorry.
One thing you might want to think about before doing it though is do you qualify for the First Home Owners Grant? Cause if you do, you have to be living in the house within 12 months of you buying it......you dont want to through away the chance of the $7000 grant....
You can get investment mortgages....We looked into getting one when we went home last year. The deposit you need is generally a minimum of 20%.
I dont know of mortgage brokers over here though, sorry.
One thing you might want to think about before doing it though is do you qualify for the First Home Owners Grant? Cause if you do, you have to be living in the house within 12 months of you buying it......you dont want to through away the chance of the $7000 grant....
I type just TOOOO slow...hehe
How are ya kala??
Hels
Jul 21st 2004, 9:48 am
#5
Tupperware's #1 fan
Joined: May 2004
Location: Crawley West Sussex
Posts: 2,315
Re: Australian mortgage brokers in UK
Originally posted by Hels
I type just TOOOO slow...hehe
How are ya kala??
Hels
I type just TOOOO slow...hehe
How are ya kala??
Hels
Kala
Jul 21st 2004, 9:53 am
#6
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Joined: Jul 2004
Posts: 906
Kala, If you don't mind sharing I would really love the info about arrange an Australian morgage from here. I am probably leaving with kids but husband staying on here for another year. I would not get a morgage on my own in Aus but we could on his UK wage.
Thanks Kaz
Thanks Kaz
Jul 21st 2004, 9:55 am
#7
Account Closed
Joined: Jul 2004
Posts: 4,235
Re: Australian mortgage brokers in UK
Originally posted by kala
Not bad, trying to sort my own mortgage and house out AGHHHHHHHHHHH, I'm scared i'm turning into a propper grown up
Kala
Not bad, trying to sort my own mortgage and house out AGHHHHHHHHHHH, I'm scared i'm turning into a propper grown up
Kala
I understand just how you feel....This whole process is not only making me feel all grown up....but its bloody aging me before my time!!!
Jul 21st 2004, 9:59 am
#8
Joined: Jun 2004
Posts: 1,606
Re: Australian mortgage brokers in UK
Originally posted by mjj
Has anyone out there ever arranged an Australian mortgage from within the UK? I have Australian residency but for numerous reasons will be stuck in London for the next 12 months. I want to invest in a property in Queensland, rent it, and maybe move into it within a couple of years. What are the rules regarding Ozzie mortgages...do you need to be living in Oz to get one? Does anyone know of an Australian mortgage broker/financial advisor based in London?
Cheers
Has anyone out there ever arranged an Australian mortgage from within the UK? I have Australian residency but for numerous reasons will be stuck in London for the next 12 months. I want to invest in a property in Queensland, rent it, and maybe move into it within a couple of years. What are the rules regarding Ozzie mortgages...do you need to be living in Oz to get one? Does anyone know of an Australian mortgage broker/financial advisor based in London?
Cheers
Can you guys post some contact numbers please?
Thanks
Jul 21st 2004, 10:08 am
#9
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Joined: May 2004
Location: Crawley West Sussex
Posts: 2,315
Re: Australian mortgage brokers in UK
Originally posted by lucyb
Can you guys post some contact numbers please?
Thanks
Can you guys post some contact numbers please?
Thanks
I have PM'd ya
Kala
Jul 21st 2004, 10:14 am
#10
Forum Regular
Thread Starter
Joined: Mar 2004
Posts: 78
Re: Australian mortgage brokers in UK
Originally posted by kala
Lucy, Kaz
I have PM'd ya
Kala
Lucy, Kaz
I have PM'd ya
Kala
Many thanks
MJ
Jul 21st 2004, 10:19 am
#11
Forum Regular
Thread Starter
Joined: Mar 2004
Posts: 78
Re: Australian mortgage brokers in UK
Originally posted by mjj
Can you mail me the details as well?
Many thanks
MJ
Can you mail me the details as well?
Many thanks
MJ
Many thanks!
Jul 21st 2004, 6:02 pm
#12
Walla's bird
Joined: Oct 2003
Posts: 171
Re: Australian mortgage brokers in UK
Originally posted by kala
I'll PM you with some detals I am in the process of doing it, but bewarned if you do not move in within 12 months you will loose the $7000 1st time homebuyers grant.
Kala
I'll PM you with some detals I am in the process of doing it, but bewarned if you do not move in within 12 months you will loose the $7000 1st time homebuyers grant.
Kala
Kala would you mind sending me some details. We are just awaiting letter to grant visas so as we speak not quite PR's yet. Hopefully will arrive in next couple of weeks so then we can claim $7000 first time buyers grant. I have relatives in Perth doing some house hunting.
Jul 21st 2004, 6:13 pm
#13
Walla's bird
Joined: Oct 2003
Posts: 171
Re: Australian mortgage brokers in UK
Originally posted by lucyb
Can you guys post some contact numbers please?
Thanks
Can you guys post some contact numbers please?
Thanks
Lucy
Would you mind forwarding the details sent to you. I too am intereted in sorting out mortgage form this end.
Cheers
Jul 21st 2004, 8:14 pm
#14
Tupperware's #1 fan
Joined: May 2004
Location: Crawley West Sussex
Posts: 2,315
Re: Australian mortgage brokers in UK
Originally posted by marie66
Kala would you mind sending me some details. We are just awaiting letter to grant visas so as we speak not quite PR's yet. Hopefully will arrive in next couple of weeks so then we can claim $7000 first time buyers grant. I have relatives in Perth doing some house hunting.
Kala would you mind sending me some details. We are just awaiting letter to grant visas so as we speak not quite PR's yet. Hopefully will arrive in next couple of weeks so then we can claim $7000 first time buyers grant. I have relatives in Perth doing some house hunting.
Cheers
kala
Jul 21st 2004, 11:40 pm
#15
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Joined: Jun 2003
Location: Perth, Since Jan 05
Posts: 708
Hi Guys
As stated in post above - so long as you have a 20% deposit and enough money to cover your repayments using your english salary - buying a house in Aus whilst in the UK is simple enough. I put an offer on a house in Perth on the last day of my validation trip. 6 weeks later it was mine - 10 days later I had tenants in it.
I have details of an excellent mortgage advisor in Perth if anyone is interested in them.
The only other think I would add, is to make sure that you visit and look around the houses before you buy them. Looking on www.realestate.com.au and the like, is fine for getting a rough guide but often the house which looks amazing on the website as actually a crock of s**t
Dave
As stated in post above - so long as you have a 20% deposit and enough money to cover your repayments using your english salary - buying a house in Aus whilst in the UK is simple enough. I put an offer on a house in Perth on the last day of my validation trip. 6 weeks later it was mine - 10 days later I had tenants in it.
I have details of an excellent mortgage advisor in Perth if anyone is interested in them.
The only other think I would add, is to make sure that you visit and look around the houses before you buy them. Looking on www.realestate.com.au and the like, is fine for getting a rough guide but often the house which looks amazing on the website as actually a crock of s**t
Dave