The mutually exclusive tie-up will not only provide mortgage finance to UK residents investing in the United Arab Emirates (UAE), but will also provide re-financing to UK residents who have already invested in the Dubai residential property market. The bank’s mortgage platform offers products from 14 providers that are approved by National Bank of Dubai (NBD).
NBD’s mortgage products under this partnership have been specifically designed to fit the needs and requirements of the UK market borrower, with competitive pricing, financing up to 70%, fast application processing and customer service arrangements from within the UK.
Duncan Banks, sales director at John Charcol, stated: This is an exciting advance for us. We are delighted to be working with NBD on delivering another innovative and unique solution for UK residents and their financial needs. It’s a great start to our new operation which will be opening in Dubai shortly and represents our first overseas expansion.
