Hello
I moved to Australia last Dec from the UK on a 457 New Zealand partner visa. I own a property in the UK which I want to sell and use the capital gain to fund property investment here The big question is will i be able to get finance on a partner visa? can anyone give me any help or advice with this?
Thank you in Advance
Adam Petford
Hi Adam
Welcome to the forum and hope you enjoy your time with us.
Yes no reason why you shouldn’t be able to get Finance on a 457.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Great – I have one more question if that’s OK?
I had a bad credit record in the UK but it doesnt seemed to have followed me to Australia – if i am applying for finance for a house would they dig a bit deeper and track down my old UK credit record?
thank you Richard
Adam
Normally no but depending on how bad.
Coming from the UK myself we have financed 1001 UK citizens and never had a problem.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Yes you still can get a lot with a 457 visa – there are some lenders who won’t take this visa type or have recently pulled away from it, but there are still options available.
Re; the bad credit – very unlikely that your previous UK credit file will be picked up in Australia.
Corey Batt | Precision Funding
http://www.precisionfunding.com.au
Email Me | Phone MeInvestment Focused Finance Strategist - servicing Australia-wide
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