Property in Australia - Includes Residential

Property in Australia - Mortgage loans: available for both House Purchase and Home Improvements (other purposes on request) and are primarily aimed at Ex-Patriate Australians, but other Nationalities applying are dealt with on a case by case basis

Type of Loan: Repayment only

Property in Australia - Minimum: £ 50,000. No Maximum, but must not exceed 80% of Valuation or Purchase Price (whichever is the lower)

Property in Australia - Proof of Income: required in all cases (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available). Non-Status loans are currently not available.

Term: 5 to 30 years up to age 70

Property in Australia - Currency: Australian Dollars or Sterling only

Property in Australia - Current Interest Rate: from approx 6.81% Variable in Australian Dollars or 6.25% Variable in Sterling. Fixed Rate are also possibly available (ie: Fixed for 1 year at 6.85% in Australian Dollars).

Example in Australian Dollars: Repayment Mortgage of approx AUS$127,000 over a period of 20 years at a Variable Interest Rate of approx 6.81% = approx AUS$984.25 Capital & Interest per month = a total approximate amount payable over term of AUS$240,970 including capital, interest, arrangement and survey fees.

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