Thursday, July 29, 2010

Are there mortgages available from a UK bank for Australian property?

We have an investment property in Australia that is mortgaged through an Australian bank.





After our move to the UK last year, we would like to have this property mortgaged with a bank in the UK.





Is this possible?Are there mortgages available from a UK bank for Australian property?
Yes, it is, i'm a Real Estate Agent in Sydney and a lot of our clients properties are mortgaged through Hong Kong Banks etc... many through Rabobank and other non bank lenders as well.Are there mortgages available from a UK bank for Australian property?
I was (on maternity leave permanently) a Finance Broker in Victoria Australia and I have also financed a lot of overseas investment loans.


I can't see why it would not work the other way around.


You should contact your bank in UK and find out best way for them to organise it.


They would probably require a valuation but this could be organised through one of the major valuers (depends where property is).


Email me if you would like some contact people who are experienced with discharging loans internationally.

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