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Convict rates.....funny! If my Australian PPOR mortgage was as low as low a rate as the UK one, I'd be a very happy man indeed. The UK one is a BTL mortgage, we were lucky that the Woolwhich, (owned by Barclays bank), had a couple of amazing BTL products around the time we changed it to an...

Yes, you read correctly. The rate is under 1%. I got it wrong on my last post when I said 0.95%, it’s actually 0.99% it’s a tracker mortgage that tracks the bank of England base rate (0.5% currently) plus 0.49% I wouldn’t be taking money out as such, its money that has not gone in anywhere...

Yes, I did:- At the moment, our UK mortgage is a tracker and is 0.95%, which means we are very much CF+ at the moment. When the interest rate climbs back up to more normal level it would be nice to have some of the capital paid down to maintain some drgree of CF+ EDIT: - Thanks for the...

That's exactly it Amadio, I don't see it as being a risk that it may slide further - in fact I hope it does continue to slide. It would be different scenario if I were putting a huge single sum over there in the hope that the rate would bounce back to then bring it back over, but as I would...

All interesting replies, thanks. The way I was looking at it is that the UK is where I spent the first 32 years of my life, so it is a place I am comfortable with. It’s not like trying to pick another country to invest money in just because they have an unusually low exchange rate at the...

We moved to Australia from the UK almost 3 years ago, and we were fortunate enough to bring most of our cash with us at the time, when the exchange rate was pretty decent. Recently, the GBP/AUD has gone into free fall. When we first came to Australia in January 2007 we were getting around...