new member
May 23rd 2006, 11:19 am
#1
Just Joined
Thread Starter
Joined: May 2006
Posts: 2
new member
hello all
I am in the proses of applying for my visa to go to Brisbane but have encountered financial issues can anyone let me know if I go into voluntary bankruptcy if this will affect me buying a house when i get there and how long do you have to have lived in Australia to be able to buy a property
Any help would be greatly appreciated
Many thanks
Pauline
I am in the proses of applying for my visa to go to Brisbane but have encountered financial issues can anyone let me know if I go into voluntary bankruptcy if this will affect me buying a house when i get there and how long do you have to have lived in Australia to be able to buy a property
Any help would be greatly appreciated
Many thanks
Pauline
May 23rd 2006, 11:36 am
#2
da Bonehead
Joined: Jan 2004
Location: Lion in da jungle
Posts: 22,767
Re: new member
Hello Pauline.
Usually no previous credit history is considered in Australia.
No time limits for buying a house but there may be some conditions to be met depending on your type of visa.
Usually no previous credit history is considered in Australia.
No time limits for buying a house but there may be some conditions to be met depending on your type of visa.
May 23rd 2006, 11:39 am
#3
BE Forum Addict
Joined: Aug 2004
Location: in a place near the river and the sea where the sun always shines
Posts: 3,155
Re: new member
Originally Posted by Bix
Hello Pauline.
Usually no previous credit history is considered in Australia.
No time limits for buying a house but there may be some conditions to be met depending on your type of visa.
Usually no previous credit history is considered in Australia.
No time limits for buying a house but there may be some conditions to be met depending on your type of visa.
hi pauline and welcome to expats, cant help you i'm afraid but i;m sure there are lots who will
bix, is that right then, cos i thought we had to take bank references and credit history checks etc?? which make it easier to rent and buy property?
May 23rd 2006, 11:53 am
#4
da Bonehead
Joined: Jan 2004
Location: Lion in da jungle
Posts: 22,767
Re: new member
Originally Posted by debbiemc
bix, is that right then, cos i thought we had to take bank references and credit history checks etc?? which make it easier to rent and buy property?
It "may" be advantageous to have those references but they do not officially recognise them. We gave our first rental agent UK bank and mortgage statements and credit checks etc but they just looked bemused and said they didn't want them. They want relevant Australian records.
For a rental a healthy current (Aus) bank statement and a letter from your employer confirming you are indeed employed is best. Failing that hard cash talks. We took a 6 month rental and paid 3 months up front to swing it.
May 23rd 2006, 11:59 am
#5
Joined: Jan 2005
Location: Asia Pacific
Posts: 4,922
Re: new member
Originally Posted by debbiemc
hi pauline and welcome to expats, cant help you i'm afraid but i;m sure there are lots who will
bix, is that right then, cos i thought we had to take bank references and credit history checks etc?? which make it easier to rent and buy property?
bix, is that right then, cos i thought we had to take bank references and credit history checks etc?? which make it easier to rent and buy property?
As to buying/renting a property then your current employment will count only, not anything you did in the UK. They want to know you can pay the rent, not how well you kept up mortgage payments being funded by a job you no longer have in a country you no longer reside.
May 23rd 2006, 12:55 pm
#6
Just Joined
Thread Starter
Joined: May 2006
Posts: 2
Re: new member
Originally Posted by paul1ne
hello all
I am in the proses of applying for my visa to go to Brisbane but have encountered financial issues can anyone let me know if I go into voluntary bankruptcy if this will affect me buying a house when i get there and how long do you have to have lived in Australia to be able to buy a property
Any help would be greatly appreciated
Many thanks
Pauline
I am in the proses of applying for my visa to go to Brisbane but have encountered financial issues can anyone let me know if I go into voluntary bankruptcy if this will affect me buying a house when i get there and how long do you have to have lived in Australia to be able to buy a property
Any help would be greatly appreciated
Many thanks
Pauline
May 23rd 2006, 1:05 pm
#7
Living the Dream!
Joined: Sep 2005
Location: Cleveland
Posts: 6,515
Re: new member
good luck with your visa application Pauline
jackie
jackie
May 23rd 2006, 1:26 pm
#8
BE Enthusiast
Joined: Feb 2006
Location: Coomera, Gold Coast
Posts: 486
Re: new member
Yes good luck from us too on your visas application
May 23rd 2006, 1:42 pm
#9
Account Closed
Joined: Feb 2006
Posts: 2,832
Re: new member
Yeah best of luck with it all.
On the rental bit, we're both studying so don't even have a job! ... yet we have a rental no prob.
We DID offer 6 months money up front tho! ... might have helped just a little ...
On the rental bit, we're both studying so don't even have a job! ... yet we have a rental no prob.
We DID offer 6 months money up front tho! ... might have helped just a little ...
May 23rd 2006, 7:41 pm
#10
BE Forum Addict
Joined: Aug 2004
Location: in a place near the river and the sea where the sun always shines
Posts: 3,155
Re: new member
Originally Posted by Bix
I am not 100% sure on the bankruptcy issue but for the rest yes.
It "may" be advantageous to have those references but they do not officially recognise them. We gave our first rental agent UK bank and mortgage statements and credit checks etc but they just looked bemused and said they didn't want them. They want relevant Australian records.
For a rental a healthy current (Aus) bank statement and a letter from your employer confirming you are indeed employed is best. Failing that hard cash talks. We took a 6 month rental and paid 3 months up front to swing it.
It "may" be advantageous to have those references but they do not officially recognise them. We gave our first rental agent UK bank and mortgage statements and credit checks etc but they just looked bemused and said they didn't want them. They want relevant Australian records.
For a rental a healthy current (Aus) bank statement and a letter from your employer confirming you are indeed employed is best. Failing that hard cash talks. We took a 6 month rental and paid 3 months up front to swing it.
