Dubai

What’s covered:

• Main developments only are covered by the lenders i.e. Emaar, Nakheel, Union Properties, Al Hamra
  (Please request a list of developments we cover.)

Loans Available:

• For purchase both of completed properties and those under construction

Loan to Value:

• 70% maximum loan to value

Typical Interest Rates:

• 7.5% in Sterling

• 7.64% in Euros

• 5.47% in US Dollars

Term:

• Maximum 30 years with a maximum age of 70 at maturity

• Interest only and capital repayment available.

• Minimum Loan amount $150,000 or £75,000

• Tracker product with no prepayment penalties

Currencies Available:

• Euros, U.S Dollar, Sterling

Documentation required (minimum):

• Last three month bank statements

• P60 or equivalent or two years tax returns and accounts

• Letter from accountant confirming tax paid (if self employed)

• Three years audited accounts (if self employed)

• Two forms of address identification (Original Bill & Certified Copy of passport)

• Completed application form

General Fees to Consider:

• These include: Notary fees, Land Registration, Administration, Tax, Bank Charges