Borrowing in Australia to buy in UK

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May 3rd 2009, 2:35 am

#16

Ruptured gonad

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Re: Borrowing in Australia to buy in UK

Quote:

Originally Posted by jazzys

Not sure if it makes a difference but the mortgage is currently a joint one with myself and my ex partner, she currently lives in the house and i was looking at the possibility of buying her out alltogether.

Jazzys

Why not stall the process for as long as you can? In 12 months you will owe her nothing.

May 3rd 2009, 10:33 am

#17

MarkMC

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Re: Borrowing in Australia to buy in UK

Quote:

Originally Posted by Ruptured gonad

Why not stall the process for as long as you can? In 12 months you will owe her nothing.

It's half in her name so it not a case of owing her, she already owns it.

May 3rd 2009, 10:47 am

#18

jazzys

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Re: Borrowing in Australia to buy in UK

Quote:

Originally Posted by MarkMC

It's half in her name so it not a case of owing her, she already owns it.

Yeah but she'd want half the profit we have made on the house.

Jazzys

May 3rd 2009, 11:53 am

#19

Ruptured gonad

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Posts: 44

Re: Borrowing in Australia to buy in UK

Quote:

Originally Posted by jazzys

Yeah but she'd want half the profit we have made on the house.

Jazzys

I saying if you delay long enough there won't be any profit in the house. With no let up in the 25% annualised price falls, she'll have to pay you to get herself out.

May 3rd 2009, 11:56 am

#20

jazzys

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Re: Borrowing in Australia to buy in UK

Quote:

Originally Posted by Ruptured gonad

I saying if you delay long enough there won't be any profit in the house. With no let up in the 25% annualised price falls, she'll have to pay you to get herself out.

I know exactly what your saying, but unless you have a crystal ball its something that no one knows isn't it

Jazzys