'You have to be in a job 2 years b4 you can get a mortgage!!?? that can't be right!?
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I've noticed that a few on this thread have mentioned that they have got mortgages very quickly and within a short period of time in emplyment....
am i right in assuming that people are buying fairly quickly into arriving in Oz and is this common? or do most people rent for about 6-12 months?
Lynn
am i right in assuming that people are buying fairly quickly into arriving in Oz and is this common? or do most people rent for about 6-12 months?
Lynn
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Originally Posted by lynnbrooks
I've noticed that a few on this thread have mentioned that they have got mortgages very quickly and within a short period of time in emplyment....
am i right in assuming that people are buying fairly quickly into arriving in Oz and is this common? or do most people rent for about 6-12 months?
Lynn
am i right in assuming that people are buying fairly quickly into arriving in Oz and is this common? or do most people rent for about 6-12 months?
Lynn
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Originally Posted by lynnbrooks
A family i know that have just emmigtated to Adalaide has informed me that she won't be offered a mortgage deal untill she has worked in the same employment for 2 years!! That seems a long time, is that right?
We are hoping that we can head for WA next year,in process now, what's the laws around mortgages there,is it the same?
Lynn
We are hoping that we can head for WA next year,in process now, what's the laws around mortgages there,is it the same?
Lynn
not true at all. although you will get a better deal with most lenders if you have at least 6-12 months in the same full time employment.
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#19
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Originally Posted by lynnbrooks
A family i know that have just emmigtated to Adalaide has informed me that she won't be offered a mortgage deal untill she has worked in the same employment for 2 years!! That seems a long time, is that right?
We are hoping that we can head for WA next year,in process now, what's the laws around mortgages there,is it the same?
Lynn
We are hoping that we can head for WA next year,in process now, what's the laws around mortgages there,is it the same?
Lynn
We got a mortage after being here for 4 weeks. OK so I had managed to get a full time job (and we put down 50% of the property value remortgaged a little later down the line once Gareth (my hubby) wasworking too) which was a great help as Austasia Group manged to sort us a mortgage out with HSBC.
The thing that we wished we had known before we left the UK is that we could have got a mortgage while we were still working in the UK based on our UK earnings. Want to find out more then contact [email protected] to learn more (tell him i sent you).
Good luck with the move
Sharon
www.immigrate-to-a-new-life-in-perth.com
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I think some dodgy mortgage companies use this as an excuse to flog you an expensive mortgage, see some discussion here http://s9.invisionfree.com/Piggy_Ban...p?showtopic=14
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