All Topics / Finance / Obtaining a mortgage using a house abroad

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of u2jamu2jam
    Member
    @u2jam
    Join Date: 2004
    Post Count: 3
    March 12, 2004 - 4:03 am

    Is it possible at all to get a mortgage, using a house which I own in England? If so, whom do I approach? I now live in Australia permanently.

    Profile photo of Stuart WemyssStuart Wemyss
    Member
    @stuart-wemyss
    Join Date: 2003
    Post Count: 598
    March 12, 2004 - 4:28 am

    Not that I’m aware of. Australian lenders only accept property located in Australia.

    Cheers

    Stu

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    March 12, 2004 - 8:24 am

    Try HSBC as they know own Midland Bank they might consider it. I own several properties in SE England but use an offshore lender for funding.

    Cheers Richard
    richard at fhog.com.au
    http://www.fhog.com.au

    There is no such thing as a problem.
    Just a solution waiting to be found

    Richard Taylor | Australia's leading private lender

    Profile photo of melbearmelbear
    Member
    @melbear
    Join Date: 2003
    Post Count: 2,429
    March 15, 2004 - 2:44 am

    Could you not finance it through a lender in England, and then bring the money in to Australia?

    Friends of ours recently did that – but they did have pension income in England which possibly helped with the loan. Not sure of all the details there.

    Cheers
    Mel

Viewing 4 posts - 1 through 4 (of 4 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.