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>
<p><strong> </strong></p>

    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?

Similar products you might be interested in

Forex
  • USD: Buying: 128.50 , Selling: 133.50
  • EURO: Buying: 131.50 , Selling: 154.10
  • GBP: Buying: 157.10 , Selling: 174.56
  • Canadian Dollar: Buying: 91.07 , Selling: 105.62
  • Australian Dollar: Buying: 82.02 , Selling: 94.78
  • Swiss Franc: Buying: 137.71 , Selling: 159.00
  • Japanese Yen: Buying: 0.7798 , Selling: 0.9588
  • Swedish Kroner: Buying: 9.029 , Selling: 15.6033
  • Norwegian Kroner: Buying: 9.2730 , Selling: 15.1153
  • Danish Kroner: Buying: 16.4115 , Selling: 20.6474
  • Indian Rupee: Buying: 1.3451 , Selling: 1.8436
  • Tanzanian Shillings: Buying: 0.0474 , Selling: 0.0587
  • Uganda Shillings: Buying: 0.0305 , Selling: 0.0418
  • SA Rand: Buying: 4.98 , Selling: 9.22
  • Chinese Yuan: Buying: 17.8600 , Selling: 20.2700
  • UAE Dirham: Buying: 32.9704 , Selling: 40.0309
  • RWF: Buying: 0.0936 , Selling: 0.1503