cooperplace Posted April 21, 2010 Share Posted April 21, 2010 I want to buy an investment property in the UK, but banks there are telling me that Australian regulations forbid them lending to Oz residents, regardless of citizenship. Has anyone come across this? And would anyone know what regulations they are talking about? Thanks Link to comment Share on other sites More sharing options...
Guest itskaren Posted May 2, 2010 Share Posted May 2, 2010 ummm .. I would be interested to know too as we want to do the same .. Link to comment Share on other sites More sharing options...
cooperplace Posted May 2, 2010 Author Share Posted May 2, 2010 ummm .. I would be interested to know too as we want to do the same .. It seems Clydesdale Bank, owned by NAB, can lend to you if you have an account with NAB. Apart from that, I'm yet to get any further with the problem. Link to comment Share on other sites More sharing options...
Guest spacegirl73 Posted May 3, 2010 Share Posted May 3, 2010 We are in the process of getting a UK Mortgage as we too want to buy a property in the UK and rent it out till we return. I am in touch with an independent mortgage advisor in the UK who has sourced an expat mortgage deal with the Halifax, I will let you know if we get approved as he is in the process of getting us approved in principal. Hope this helps Link to comment Share on other sites More sharing options...
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