Mortgages

 

We'll help you get there...

When it comes to buying a home in Dubai, we'll do all the hard work for you. Once you've found the perfect property, a Lloyds TSB Mortgage co-coordinator will take care of all the administration for you.
 
In addition, your Relationship Manager will be there for you every step of the way too, ready to advise you on any aspect of your finances - including insurances and investments. What's more, you'll enjoy all the benefits of the Lloyds TSB service - a service dedicated to providing the best of UK banking to our personal customers in Dubai..
 

And get double the benefit with a Discount Rate mortgage …

Get more out of life with our double-value Discount Rate mortgage. With award winning service * delivered by a team of mortgage experts who will guide you through the process as well as the flexibility to make over-payments up to 20% per year with no penalties, we make it doubly easy. With all this choice, flexibility and competitive rates, it leaves you with more room for living.

For further details please click here to view our Mortgage Portfolio

Dedicated Mortgage Coordinator
No early repayment penalties

Features and Benefits

  • Competitive interest rates
  • Terms up to 20 years
  • Finance for up to 70%** of the market valuation for completed villas and 60%** for completed apartments (as determined by independent valuation)
  • You can release funds from the true value of your home (as determined by an independent valuation)
  • No need for any post-dated / security cheques. Monthly mortgage payments are collected automatically every month from a Lloyds TSB nominated bank account
  • Mortgages available to customers who open a current account with their salary to be assigned
  • Initial processing fee of AED 1,000
  • Valuation fee of AED 2,500 payable to the surveyor
  • Arrangement Fees range from 0% to 1%***

 

Our unique service includes

  • Complete all paper work and documentation
  • Guide you with liaising with existing lenders in transferring your mortgage to Lloyds TSB
  • Instruct the valuer
  • Arrange:
    — Buildings Insurance
    — Life Assurance
    — Home Contents Insurance.

We can offer fast approvals with the following documents:

  • Original passport
  • Last 6 months bank statements
  • Salary letter from employer
  • Property contract
  • Receipts and deposits paid
  • If self employed - 3 yrs audited operating accounts / turnover, & original accountants letter verifying income / drawings & 12 months business bank statements.

How do I apply?

At your local branch
  • Our staff at your local branch will be happy to discuss your requirements and will usually be able to give you an answer the same day.
  • Any Questions

* Best International Bank based on a survey by Ethos of 21 UAE banks, 2010.

** Subject to additional terms and conditions.

*** See current mortgage portfolio for further details.


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. Lending is at the bank’s discretion and you must be 21 or over to apply. Security may be required. The bank may, before opening an account, wish to take up references or otherwise satisfy itself as to the identity and suitability of an applicant. This will include assessing your ability to afford the payments and valuing the property. Any loan will require security in the form of a mortgage over the property. Written quotations are available on request. All applications for finance are subject to status