An Update from our Inhouse Mortgage Advisor

  • 24APR
    An Update from our Inhouse Mortgage Advisor

The UAE banks are currently looking at easing lending criteria and policy in order to boost mortgage market. They are working on new lending criteria based purely on the rental income of the property. In addition to this, a 50% loan to value (LTV) mortgage with minimal requirements option is on the cards.
More banks are now offering non-resident mortgages which is increasing the number of foreign investors buying in the UAE as they now have a wider range of mortgages available to them.
 Dubai Land Department (DLD) & Emirates NBD (ENBD) are currently looking at loans for DLD fees to ease cash outlay for buyers, this will lessen the amount of upfront cash outlay required by buyers. 
With all these latest updates to look at why not get in touch with one of our Qualified Mortgage Advisors who can help you secure the best mortgage rate for your individual needs.

MENA Mortgage Services - Your Personal Advisors
Jeffrey De Souza
Email: [email protected]
Mobile: +9714 399 4937

24th April 2018