SIR Visa and Mortgages
Jul 21st 2004, 12:23 pm
#1
Thread Starter
Joined: Jun 2004
Posts: 1,606
SIR Visa and Mortgages
Does anyone know if we will be allowed to buy a house on a SIR visa?
Lucy
Lucy
Jul 21st 2004, 8:54 pm
#2
Joined: Aug 2003
Posts: 11,149
Re: SIR Visa and Mortgages
Originally posted by lucyb
Does anyone know if we will be allowed to buy a house on a SIR visa?
Lucy
Does anyone know if we will be allowed to buy a house on a SIR visa?
Lucy
Jul 21st 2004, 9:01 pm
#3
Tupperware's #1 fan
Joined: May 2004
Location: Crawley West Sussex
Posts: 2,315
Re: SIR Visa and Mortgages
Originally posted by bondipom
If a SIR visa is over a year then under the foreign investment rules you will be able to buy as per the rest of australia. If mortgage providers consider SIR a temporary visa then you may have to put up a 20% deposit.
If a SIR visa is over a year then under the foreign investment rules you will be able to buy as per the rest of australia. If mortgage providers consider SIR a temporary visa then you may have to put up a 20% deposit.
I have a spouse visa and Hubby is Australian and we are buying nowish and are goin over in about 18 months to live so we are considered as foreign investors and have to pay a 20-30% deposit depending on other things, such as kids, property in the Uk, salary, etc etc.
Cheers
Kala
