Buying a house is a major financial commitment. Striking the right balance between the dreams you have for your future home with the reality of your monthly mortgage payment can take some time. But without the right mortgage preapproval amount, it can be even more challenging to find the perfect fit. If it makes sense for…Read More→
When the negotiations are in process, the sales advancement is sometimes put off until you’re suddenly prepared to complete the transaction. So, how do you process the sale of a property in Dubai? A finance to finance sale progression is a lengthy, time consuming process which can often bring confusion and stress to both parties….Read More→
You want to buy a new house with your spouse, and you’ll need a mortgage loan to do so. Is it preferable for you and your spouse to have a combined mortgage? Are there any financial advantages to doing this? We’ll look at some of the justifications for adding your spouse to a Dubai mortgage…Read More→
You might think that paying more than the minimum on your mortgage is a good alternative if you have a lot of extra money and don’t know what to do with it. Never considered it before? If you want to know if it’s right for you, keep reading! What is a mortgage overpayment? Overpayments on…Read More→
Consider purchasing your first home in Dubai? The process of purchasing a home may be thrilling but also perplexing, especially for first-time buyers. Being as organized as you can is a smart idea in this situation. There are a few things you can do to make the purchasing process go as smoothly as possible before you…Read More→
Refinancing a mortgage means taking out a new loan to replace an existing one. People often refinance to lower the interest they are paying on a loan or to reduce their monthly payments. Some people also refinance a home to pay off the loan faster, or switch from an adjustable rate loan to a fixed rate loan….Read More→
Here are the steps you need to do if you’re funding your handover payment through a post-handover payment plan in order to be ready and receive the keys in your hand as soon as feasible. An off-plan house purchase takes time and perseverance. You want to be prepared for your handover payment and have everything…Read More→
Loan to value is the term used by banks when lending against an asset. In most scenarios, this will be a property. The percentage relates to how much the bank is willing to lend against the value of the asset. How do loan-to-value ratios work in the UAE? There are several important points to understand…Read More→
Whatever your motivations for searching for a home in the United Arab Emirates (UAE), it’s crucial to comprehend the types of mortgages that are offered as well as the procedures involved in setting one up. Who is eligible to get a mortgage in the UAE? If you are a citizen or resident of the UAE,…Read More→
Which sort of interest is preferable—fixed rate or variable?—is a question we frequently receive here at Capital Zone. Depending on your unique situation, the answer to this question may vary, so it’s critical to first understand your preferences as well as the benefits and drawbacks of each rate type. Fixed or Variable Mortgage Rate: What is…Read More→
