I have recently had confirmation from a lender that they will now lend up to 95% of the value of a home to people who "reside" in Australia. This is quite a difference to being a resident and means that people who are here on temporary visas such as 457's can borrow more money to buy a home.
This is useful to people like myself. I am here on a 457 Visa but I have left my properties in the UK as a rental investment and therefore had little in the way of a deposit.
If this is of interest to anyone then please PM me
Last edited by a moderator: Aug 16, 2008