Equity Release

Is a loan facility to assist property owners to obtain cash from value of their residential or commercial property.


  • Flexible financing upto 90%
  • Flexible repayment term of upto 25 years
  • Competitive Interest rates



  • Allows you to acquire the value of the property while still retaining ownership
  • A low contribution hence less financial stress in the onset.
  • Competitive interest rates.
  • Comprehensive Home owner’s Life, fire & house insurance cover.
  • Long tenors to make repayments stress free
  • National bank accelerated payments which enables customer to pay off loan sooner than stipulated in construction loan agreement.
  • Access to dedicated mortgage specialists.


Rates / Pricing

  1. Appraisal fee – 1% of loan amount.
  2. Stamp duty on transfer – 4%
  3. Legal fees – based on Advocates remuneration order
  4. Valuation fees – Approx. 0.4% of property value
  5. Insurance (Life & Fire) – 0.5% of Mortgage cover
  6. Debit income ratio – 65% of net disposable income
  7. Interest rate – 15.45% on reducing balance