Hi there,

 

My Thai g/f and I live in Australia (she is a citizen here now) and she has a house back in Thailand which she fully owns.

We are interested in taking out a mortgage against the house in order to invest back here in Australia but can't seem to find a way to do it.

 

We've tried UOB Singapore, who apparently do these kind of loans, but they don't lend against property in the area her house is in.

 

Does anyone have any experience with this? Is it possible? And, if so, how do we do it?

 

Thanks for any help/advice.

I would imagine any Thai bank would do a mortgage against a fully owned Thai property, so long as you meet the income requirements to service the debt. I am not sure about restrictions on Thai people taking money out of Thailand.

ANZ bank would maybe be a good place to ask as they are in both countires.

6 hours ago, Peterw42 said:

ANZ bank would maybe be a good place to ask as they are in both countires.

 

ANZ has only a commercial/institutional banking presence in Thailand, not retail.

I doubt any Australian bank will give a mortgage on a place in Thailand

If you fail to repay how can they reclaim the property  They cant

Better to try to borrow from a bank here

OP its just easier to sell the property than to try to do what your are trying. Even if she can prove her income in Oz she have no prove of bringing it into Thailand.