Equity Release

Do you have a financial emergency or has an opportunity for a great investment come up? All you need to do is bring an asset of your choosing and obtain a sum of money that is equal in value. Easy as that.

Why choose Equity Release

  • <p>Mortgage relief</p>
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    Mortgage relief

     

    Enjoy a reduction of tax on your income while servicing the loan

     

Rates and fees

  • Loan to value ratio – maximum 80%
  • Interest rate – CBR + 4% p.a.
  • Tenure – maximum 25 years
  • Negotiation fees - up to 1.5% of loan amount

Internal costs

  • Negotiation fees

External costs

  • Mortgage Protection Insurance (MPI)
  • House Owners Comprehensive Insurance (HOCI)
  • Valuation fees
  • Stamp duty on transfer
  • Stamp duty on charge
  • Legal fees
  • Search fees
  • Statutory payments (land rates, rent and all taxes

Interested in Equity Release or have a question?

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  • EURO: Buying: 120.30 , Selling: 138.75
  • GBP: Buying: 139.70 , Selling: 161.26
  • Canadian Dollar: Buying: 84.22 , Selling: 96.62
  • Australian Dollar: Buying: 75.62 , Selling: 87.93
  • Swiss Franc: Buying: 115.71 , Selling: 131.50
  • Japanese Yen: Buying: 0.8806 , Selling: 1.0359
  • Swedish Kroner: Buying: 9.231 , Selling: 15.805
  • Norwegian Kroner: Buying: 9.948 , Selling: 15.810
  • Danish Kroner: Buying: 14.507 , Selling: 18.742
  • Indian Rupee: Buying: 1.2826 , Selling: 1.8226
  • Tanzanian Shillings: Buying: 0.04477 , Selling: 0.05605
  • Uganda Shillings: Buying: 0.02744 , Selling: 0.03863
  • SA Rand: Buying: 5.3391 , Selling: 9.5850
  • Chinese Yuan: Buying: 16.775 , Selling: 19.655
  • UAE Dirham: Buying: 29.220 , Selling: 33.286
  • RWF: Buying: 0.1001 , Selling: 0.1676