Through comprehensive coverage of the UAE credit market, new national credit database Emcredit aims to provide consumers and businesses with information and analysis that facilitates lending and business decisions.
According to the World Bank’s Doing …Read full article » United Arab Emirates: Wednesday, October 29 - 2008 @ 12:22
These uncertainties can result in a lack of confidence among local and foreign property investors, and ultimately a slow-down of the rapid growth both the real estate and mortgage industry have witnessed over the past …Read full article » United Arab Emirates: Thursday, September 18 - 2008 @ 12:49
Amlak, the UAE’s largest home lender, recently announced that is has suspended all loan applications – a move which underscores the extent to which the global financial crisis has affected the flow of liquidity in …Read full article » United Arab Emirates: Sunday, December 07 - 2008 @ 10:53
“The UAE mortgage industry is certainly in a different place than it was a year ago. It has been tested with various challenges and as a result, has matured and become more resilient.”
said Chris Dommett, …Read full article » United Arab Emirates: Wednesday, December 17 - 2008 @ 14:08
With both foreign and local investors displaying more caution than usual, an active off-plan market – which has been known to drive up real estate prices – is expected to slow down, says Dommett.
Investors …Read full article » United Arab Emirates: Thursday, October 16 - 2008 @ 02:02
Their concerns have prompted home buyers to seek the assistance of a professional broker to help speed up the approval process, says Chris Dommett, CEO of leading independent mortgage advisor John Charcol Dubai.
The wide range …Read full article » United Arab Emirates: Wednesday, August 20 - 2008 @ 11:51
John Charcol Dubai has opened in response to the significant demand for a rigorous and diligent independent mortgage offering.
In the UK, John Charcol is acknowledged as the leading authority on mortgages, most recently winning …Read full article » United Arab Emirates: Tuesday, November 06 - 2007 @ 09:31
“Given the steady increase in UAE rental prices over the past few years, buying is appearing increasingly attractive to expats who are looking to build equity from the significant financial investment they are already making …Read full article » United Arab Emirates: Saturday, July 26 - 2008 @ 12:41
According to Chris Dommett, CEO of John Charcol Dubai, major regional and international banks have become more conservative in their lending, with many cutting their loan-to-value (LTV) ratios by as much as 25% due to …Read full article » United Arab Emirates: Monday, November 17 - 2008 @ 12:42