Australian citizen working (earning £ and paying UK tax) and living in the UK hoping to return to Aus in the next few years.
My income = UK salary + predicted Aus rental income from this property.
I am temporarily back in NSW visiting family for the next few months, but I will return to the UK. Still working for my UK company (not self-employed).
I would like to buy my first property (very) soon so I have something stable to return to when I return to Aus permanently.
This property would be rented out while I am overseas (so investment property) and I will move-in when I return.
Can anyone recommend the best lending institution for my situation?
I have spoken to the big 4 +some internet banks but was wondering if anyone had/knew someone who had gone through a similar process and could share their experience?
I know some banks only consider 60-80% of foreign income and that GBP are readily accepted (thankfully).
Fortunately, I have a sizeable deposit so I am hoping to borrow around 40% of my goal property value (I have been looking at some places) in NSW.
Thank you :)