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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  • USD: Buying: 104.65 , Selling: 118.75
  • EURO: Buying: 118.65 , Selling: 137.15
  • Sterling Pound: Buying: 139.90 , Selling: 161.61
  • Canadian Dollar: Buying: 80.72 , Selling: 92.82
  • Australian Dollar: Buying: 73.52 , Selling: 85.68
  • Swiss Franc: Buying: 110.01 , Selling: 125.60
  • Japanese Yen: Buying: 0.8766 , Selling: 1.0317
  • Swedish Kroner: Buying: 9.212 , Selling: 15.736
  • Norwegian Kroner: Buying: 9.628 , Selling: 15.480
  • Danish Kroner: Buying: 14.342 , Selling: 18.582
  • Indian Rupee: Buying: 1.2426 , Selling: 1.7796
  • Tanzanian Shillings: Buying: 0.04335 , Selling: 0.05462
  • Uganda Shillings: Buying: 0.02648 , Selling: 0.03768
  • SA Rand: Buying: 5.2746 , Selling: 9.5225
  • Chinese Yuan: Buying: 16.025 , Selling: 18.845
  • UAE Dirham: Buying: 28.432 , Selling: 32.496
  • RWF: Buying: 0.0976 , Selling: 0.1609