Use of Bonus for Borrowing Capacity calc

Discussion in 'Loans & Mortgage Brokers' started by Undervalued, 22nd Dec, 2015.

Join Australia's most dynamic and respected property investment community
  1. Undervalued

    Undervalued Member

    Joined:
    22nd Dec, 2015
    Posts:
    23
    Location:
    Sydney
    tobe - not quite. They provide finance in UK to non-res HSBC Premier customers. I can become an HSBC Premier customer in a number of ways. The most convenient way to me is to remortgage my Aus place. This is a local mortgage. The they would offer me their UK finance as if I were in the UK (i.e. I get access to all of their buy-to-let range). My refi in the UK would be secured locally against the IP there, and I can get more fiannce for a further purchase as the refi would unlock a bit of equity.

    I know it's complex, but the banks make the rules, I just play the game :)