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Lending Options

Buying a home – it’s the great Australian dream. Turning that dream into reality begins with the right information. There are various ways to borrow money. The choice you make and your circumstance’s affects how much you can borrow as well as the types of loans you can apply for. When choosing your home loan you should ensure it not only has the features that work for you now, but also the flexibility to work for you in the future – because everyone’s life changes.

The London office offers Australian and New Zealand Mortgages.

These loans are the exact same loans that are offered to Australians in Australia. They can be interest only, Principal and Interest, Fixed rate and Variable rate. The London office facilitates the application process and the ongoing servicing of the loan by providing a London transfer account that you can convert £GBP to $AUD to meet the necessary loan repayments.

Please note: Australian and New Zealand residents, along with foreign citizens who have obtained Foreign Investment Review Board (FIRB) approval, are eligible to apply for lending.

Benefits include:

• Lending can be denominated in the currency earned, or in Australian dollars e.g. An Australian expatriate working in the UK may choose to borrow in Great British pounds
• Payments can be made monthly, quarterly or semi annually. Lump sum payments can be made without penalty.
• Lending available as interest only or as principal and interest
• Loan term up to 25 years
• Dedicated UK based Relationship Managers

Call our Home Loan Specialists today on +44 (0) 20 7710 3990 or email commbankuk@cba.com.au for further information, or to arrange an appointment at our London office.

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