Buying property from overseas

Can you buy a home in Brisbane if you’re an Aussie living and working overseas? Yes!

Important to know that most lenders will require at least 30% deposit if you’re applying for a mortgage. A select few will accept 10% deposit.

I met a client this week that had limited funds in Australia and was looking to avoid using savings from overseas as deposit. She had already invested a lot of time speaking with 4 banks independently that all insisted on 30% deposit.

After a short phone call to London, I compared across our panel of lenders and identified two lenders that would accept her 10% deposit.

That’s the benefit of speaking to a mortgage choice broker – we can do the legwork for you. In less than one hour, she had the answer she was searching for.

If you’re looking to buy property – contact me first, so that I can save you time and give you confidence with a pre-approval. 

Posted in: Tips

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