MORTGAGE IN AUS WHILE STILL IN THE UK
Can anyone advise me!
Me and my partner already have our visa for Adelaide, but we are still in the UK and due to move to Adelaide Next Feb 2008, We have already set up our bank accounts there and they are activated. Can we apply for a mortgage while still in the UK and buy a house in Adelaide, while we are still here in the UK ? and have a transfer set up ? I just wanted to know what the answer could be before i email our bank accounts manager in Adelaide. Thanks all !!! :wub: |
Re: MORTGAGE IN AUS WHILE STILL IN THE UK
If you have found the right property and you don't need a mortgage, I don't see why not.
If you need a mortgage then things might become a bit tricky, not sure of your employment status etc etc. Best of luck |
Re: MORTGAGE IN AUS WHILE STILL IN THE UK
Originally Posted by Bhoywonder
(Post 4814496)
If you have found the right property and you don't need a mortgage, I don't see why not.
If you need a mortgage then things might become a bit tricky, not sure of your employment status etc etc. Best of luck :wub: |
Re: MORTGAGE IN AUS WHILE STILL IN THE UK
Originally Posted by sush
(Post 4814484)
Can anyone advise me!
Me and my partner already have our visa for Adelaide, but we are still in the UK and due to move to Adelaide Next Feb 2008, We have already set up our bank accounts there and they are activated. Can we apply for a mortgage while still in the UK and buy a house in Adelaide, while we are still here in the UK ? and have a transfer set up ? I just wanted to know what the answer could be before i email our bank accounts manager in Adelaide. Thanks all !!! :wub: Being outside of the country, the banks will generally limit you to a mortgage of less than 70% of the property value. However getting a mortgage based upon your UK income and expenses is relatively straight forward. |
Re: MORTGAGE IN AUS WHILE STILL IN THE UK
Originally Posted by sush
(Post 4814513)
Thanks for the reply - But yeah its seems a tricky one!! I will see what the Bank says!!:D
:wub: |
Re: MORTGAGE IN AUS WHILE STILL IN THE UK
Originally Posted by BullcreekBob
(Post 4815664)
G'day
Being outside of the country, the banks will generally limit you to a mortgage of less than 70% of the property value. However getting a mortgage based upon your UK income and expenses is relatively straight forward. Good Morning Sir :wub: Thank you for your reply, that really did cheer me up :D:D Good to know it would be straight forward and I will be emailing our Account Manager in Adeliade this week to get the ball rolling !!!!!:thumbsup: Thanks again :wub: :wub: |
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