We are hoping to move to Adelaide before the start of next year. I have spent a lot of time researching wages, rentals etc to work out our funds. Our dream was to come out mortgage free, but with the poor UK property market and increased value of houses in SA we know this is unachievable.
Not sure if anyone can answer this or not, as I know each lender will be different. But was wondering if anyone could advise us on basic rules of lending e.g. in the UK most banks require you to have been a UK resident for 6 months, in employment for 6 months etc. We just want to have a rough idea of how long we need to look at renting for.