Innovative property investments
Dubai Property Investment News
Mortgage help for investors in Dubai
In good news for Brit buyers interested in investment property in Dubai, the National Bank of Dubai (NBD) has outlined its commitment to mortgages in the UAE.
The bank has signed a contract with mortgage adviser John Charcol, through which UK residents considering investment in the emirate will be provided with mortgage finance for their purchase.
Brits who have already invested in Dubai housing are also considered, with the partnership offering re-financing deals.
Duncan Banks, Sales Director at John Charcol commented on the agreement: "This is an exciting advance for us. We are delighted to be working with NBD on delivering another innovative and unique solution for UK residents and their financial needs.
"It's a great start to our new operation which will be opening in Dubai shortly and represents our first overseas expansion."
Suvo Sarker, group head of retail banking for NBD, echoed Mr Banks' pleasure at the partnership:
"As one of the leading retail banks in the country, this tie up with John Charcol is part of NBD's innovative approach to providing flexible products to a maturing home finance market and to diversifying our customer base."
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