Posted by
ozspur
19 yrs ago
I am thinking of buying an apartment in Australia and was wondering whether it's possible/sensible to get a mortgage for it here in HK. Any ideas/suggestions as to the best way to go about this?
Thanks
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Ozspur,
I have sent you a private msg.
Not the right climate to be drawing down in HKD at the moment - e.g. if you had drawn down in HKD early last week, by Friday evening you would've owed 10% more on your mortgage. There are much better options for Aussie property both on an interest rate basis and on a currency basis and banks here in HK that are willing to lend in currencies other than AUD or HKD.
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Glorypc - thanks for your advice. Hope you got my pm back
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