Posted on: 5th November 2014 in Mortgage & Property
If you are hesitant to take out a mortgage in the UAE for fear of changing interest rates and prepayment penalties that can double whimsically, here are tips to get expat-friendly mortgages. Opt for fixed-rate contracts. Never take out a mortgage with a bank until you have a contract that guarantees the mortgage terms you agree on. It will preclude the bank from changing interest rates and penalties. Go through the pre-qualification process. You can do this by meeting with the mortgage consultant of the bank where you wish to take out a loan. You need to supply sufficient details about the following things:We have 18 offices across the globe and we manage over $2billion for our 20,000+ clients
Get startedThe 2024 general election is just around the corner. The battle lines have been drawn; now it’s your chance to have your say on the UK’s future. Still unsure which...
Read moreKey points: Interest rates show the cost of borrowing and how rewarding it is to save. Inflation is the rate at which the price of goods and services increases over...
Read moreKey points Double tax agreements prevent you from being taxed twice on the same income. The UK has the world’s largest network of double tax agreements. Double tax agreements provide...
Read moreKey points Investment funds pool money from multiple investors to buy assets. Funds offer a passive and active option to cater to different goals. Investment funds offer a straightforward way...
Read more