Finance for unconventional situation

Hi everyone, hope someone can please give me some tips here. My wife and I are looking to get some finance for investment properties but our situation is a little complicated and we’re getting different stories from everyone we ask. Basically I’m an IT consultant, contracting my services through my limited company that I set up in England when I moved there in 1998. As soon as I set the company up I started contracting to a major shipping company in England and I am still on that same contract now, even though I’ve moved home permanently last year to Brisbane (the nature of my work is such that I can work remotely – they gave me a laptop and I dial up every night and work UK hours from home). For this I’m getting gross about $4,000 Aus a week. The contract won’t go on forever with them even though it’s been going for almost 7 years – it will probably end next year, but I have good official qualifications that will ensure I get another contract here with little problem, albeit probably for a bit less. My wife doesn’t work, she’s Canadian and we just got married 2 months ago so she actually can’t work until her papers have gone through (but we’d rather she didn’t anyway – we’re hoping for Baby to join us next year). Between my savings and the profit from her sale of her house in Canada we’ve got about $80,000 Aus in the bank here, but obviously we want to use as little of that as possible with my work situation being the way it is.

So we’re trying to get 95% LVR from a lender that won’t charge outrageous interest rates. We’ve spoken to Aussie and Mortgage First but neither seemd too sure of what to tell us. One told us that because my limited company is incorporated outside Australia and my income is officially earned outside Aus (I pay tax in England as that’s where all my earnings are), I’m regarded as a non-resident and very few lenders are interested, and we’d struggle to get a 90% or 95% LVR. The other broker we talked to said Homeside would go for it but again they couldn’t guarantee the mortgage insurers would go for our getting 95% LVR. They also mentioned that the main problem is that with my money being earned overseas and being paid into an overseas bank account, if I defaulted on my payments they’d have no form of recourse. They did mention HSBC who, as a worldwide bank, would be one of the few who would have access to an overseas account like mine in times of trouble. Can anyone clarify this situation for us and give us a point in the right direction?

Thanks heaps,

Anthony