Equity Release (Refinance)
Our equity release solutions help you unlock the value tied up in your property without having to sell it. This financing option allows you to access funds for various purposes such as home improvements, debt consolidation, education funding, or investment opportunities - all while continuing to own and live in your property.
What We Offer
Our equity release (refinance) solutions come with a range of features designed to meet your specific needs.
Access to up to 80% of your property's value
Competitive interest rates
Flexible repayment options
Debt consolidation possibilities
Home improvement funding
Investment capital release
Key Benefits
Why choose our equity release (refinance) solution and how it can benefit you.
Utilize your property's appreciation without selling
Consolidate high-interest debts into a lower-rate mortgage
Fund major expenses like education or home renovations
Invest in additional properties or other opportunities
Improve your property to increase its value further
Eligibility Criteria
To qualify for our equity release (refinance) solution, you'll typically need to meet the following requirements.
Significant equity built up in your property
Property in good condition with stable or increasing value
Stable income to support the increased loan amount
Typically at least 12 months into existing mortgage
The Process
Here's what to expect when applying for our equity release (refinance) solution.
Property valuation to determine available equity
Consultation on funding needs and options
Documentation collection and verification
Lender selection and application submission
Approval and offer from the lender
Legal verification and processing
Loan disbursement and closing
Frequently Asked Questions
How much equity can I release from my property?
Most lenders in the UAE will allow you to borrow up to 80% of your property's current market value, minus your outstanding mortgage balance. For example, if your property is worth AED 2 million and your outstanding mortgage is AED 1 million, you could potentially release up to AED 600,000 in equity.
What can I use the released equity funds for?
The funds from equity release can be used for virtually any legal purpose including home improvements, debt consolidation, education funding, investment in additional properties, business investment, or major purchases. Unlike some specific loans, there are typically no restrictions on how you use the money.
Will my monthly payments increase with equity release?
In most cases, yes. Since you're borrowing additional funds, your monthly payments will typically increase. However, if you're simultaneously refinancing to a lower interest rate, the increase might be minimal. We'll provide a clear breakdown of your new payment structure before you commit.
Ready to Move Forward?
Our mortgage experts are ready to help you secure the best equity release (refinance) solution for your needs. Contact us today for a personalized consultation.