Need to remortgage | ExpatWoman.com
 

Need to remortgage

452
Posts
EW EXPLORER
Latest post on 07 February 2016 - 17:49
Sorry to say this but I would say that he is being unrealistically optimistic if he thinks that any lender would give him a (re)mortgage while he is unemployed.
420
Posts
EW EXPLORER
Latest post on 07 February 2016 - 16:40
My friend has a property in Abu Dhabi he rents out and the current mortgage lender's interest rate is 6.25%. He would like to remortgage with another lender and get a lower interest rate. Any advice as to who he can go to? Should also say he is in between jobs at the moment and hasn't secured employment as yet. He has also left the UAE for now. However he has enough savings to pay his mortgage but of course needs his savings to live on for now. The rent he gets covers the mortgage payments.
 
 

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