Kerry Ford

We moved to Central coast 2 1/2 yrs ago, and sold out house in the UK. Bad time for us to move, returned to UK after 1 year and had to start all over again. We were lucky and got into the market as it was rising and managed now to have captial of £60,000 in our house but have since decided to return to Oz to Perth. We have just put the house on the marketin the UK to release the capital to give us a good start in Perth, but we are going to buy a small investment property to rent in the UK so our foot is still in the market as it were! The best of both worlds just in case we decide to return in the next few years. We can then still buy land or property in perth but still have the security of a property in the UK. I hope this helps but open to any other questions as we've been there seen it done it and still returning for more!
Kez

Roger

Reading with interest this thread. My concern is that the buy-to-let market is pretty poor in my area. If I was unable to get a tenant I could not afford £1000 mortgage on NZ wages.

Going to NZ with a heap of equity would allow me to live in houses and areas that I definetely couldn't afford to live in with a second mortgage or a rental property. It would be like going back 15 years in time to average accomodation in poorer areas.

Roger

karawara88

Think that is the best idea, especially for those that have made a huge wad from the sale of property here. Also its not difficult to work out the best investment, have a property here that goes up say £10k or one in Oz that goes up $10k I know which I would want. ! Thats the way the mop flops, its all a gamble. The other thing to bare in mind is you have a tenant and you decide to sell, tenants are not usually that keen on showing your house to its best when potential buyers view. Also if you get rid of the tenants to sell it, potential buyers don't like empty houses. :scared: So what do you do.

I have a cunning plan.