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

Similar products you might be interested in

Forex
  • USD: Buying: 97.8028 , Selling: 104.8025
  • EURO: Buying: 108.2215 , Selling: 120.6824
  • Sterling Pound: Buying: 121.965 , Selling: 134.9783
  • Canadian Dollar: Buying: 73.3099 , Selling: 78.5803
  • Australian Dollar: Buying: 67.4643 , Selling: 72.3137
  • Swiss Franc: Buying: 97.4105 , Selling: 105.4139
  • Japanese Yen: Buying: 0.9026 , Selling: 0.9674
  • Swedish Kroner: Buying: 8.6971 , Selling: 12.6971
  • Norwegian Kroner: Buying: 10.6604 , Selling: 12.7132
  • Danish Kroner: Buying: 14.2958 , Selling: 16.3562
  • Indian Rupee: Buying: 1.4062 , Selling: 1.507
  • Tanzanian Shillings: Buying: 0.039 , Selling: 0.0493
  • Uganda Shillings: Buying: 0.022 , Selling: 0.0322
  • SA Rand: Buying: 5.0157 , Selling: 8.6472
  • Chinese Yuan: Buying: 13.6248 , Selling: 16.1368
  • UAE Dirham: Buying: 26.0895 , Selling: 29.2037
Equity Release