Living and Working in Australia Forum With Immigration and Travel Information - View Single Post - How much can you borrow with Australian mortgages?
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Old 06-23-2013, 10:37 PM
Editor Editor is offline Editor
Join Date: Oct 2012
Posts: 697
Users Flag! From australia

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Hi Dylan

I think your comments say it all - the idea of basing everything on a multiple and allowing people to borrow as much as possible is why the UK property market is in such a mess. When you also throw 100% mortgages into the mix you have an accident waiting to happen.

I hope the move goes well

Would you let us know your experience of the Australian housing market in the run up to getting the keys if you have time?

Last edited by Editor; 06-23-2013 at 10:41 PM.