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On Australian Mortgage - Affect Borrowing Ability in a Different Country?

Discussion in 'Debt and Bankruptcy Law Forum' started by Lubica, 8 October 2014.

  1. Lubica

    Lubica Member

    8 October 2014
    Likes Received:
    Hi there. i broke up with my partner and we had a mortgage on both our names. He kept the house and I am planing to leave the country. The mortgage is still on both names and as i don't want to make him any problems, we are only planing to sign financial agreement and the mortgage will stay on both names... My question is, can I still apply for mortgage in another country (planing to go to New Zeland) if this mortgage here will be holding my name??? Thanks.
  2. Sarah J

    Sarah J Well-Known Member

    16 July 2014
    Likes Received:
    This will most likely depend on the laws of the country in question. Normally, there is no transfer of information so the banks in foreign countries would not know about your obligations in Australia. However, they may ask you to disclose this as part of their internal policies.
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