Episode 7 - Mortgage Mania – What you need to know about lending in the UAE.

Property Talk from Louise's Lounge

Today Exclusive Links goes live with Episode 7 of our Podcast, Property Talk from Louise’s Lounge. Tune into our Podcast Page and join host Louise Heatley as she chats with Mortgage Finder’s Director Warren Philliskirk and Senior Mortgage Consultant, Jeffrey De Souza. Mortgage Finder is Dubai’s leading Mortgage Broker and with a team of 20+ mortgage specialists with extensive knowledge of the entire home loan market and the UAE property transaction process, they will impartially assess each client’s unique circumstances and give an overview of all options available in the market. Warren has more than 20 years of international residential and commercial lending experience and is one of the early pioneers of the UAE mortgage industry and is now considered one of the industry's leading authorities. Jeffrey, who is often found in and about Exclusive Links offices, has over 8 years in the UAE mortgage market and his role is to work closely with leading real estate agents to provide their clients with mortgage advice and guidance through the full buying process.

• Are interest only mortgages available in Dubai? Warren explains what this means and how they are calculated.
• Can you still lend in the UAE if you are over 65 years old? How are UAE banks adapting lending products available for the local market and international investors?
• Did you know that 4 relations can be named on a joint mortgage? Jeffrey talks us through the criteria and what can and can’t be done.
• Louise questions the impact that today’s price increases are having on property valuations required in calculating an LTV on a mortgage application.
• Tune in to listen to Warren and Jeffrey as they talk through the positive and negative impacts that the world pandemic has had on the UAE mortgage market.