New Loan Launched in Malaysia for London Property
Announcement from MayBank below:
Obtain a local mortgage for your property in London
Key Features
Ringgit denominated mortgage
Maybank Overseas Mortgage Loan Scheme will be in Ringgit and your monthly instalments also payable in Ringgit; so you need not worry about the effect of fluctuating exchange rates on your monthly repayments throughout your mortgage tenure.
Financing for high-end residential and commercial properties
Properties financed may be for own occupation or investment purposes, both residential and commercial types located within London Zones 1 to 3.
Completed or off plan property financing
Whether your London property is completed or about to be developed, we will help you finance your property with ease.
Competitive interest rates
Enjoy greater savings with your mortgage as you have access to interest rates which are among the lowest in town.
Financing for legal and valuation fees
You can opt to include your London property legal and valuation fees as part of your mortgage, for greater financial flexibility.
More benefits
- No more currency fluctuation impact on your mortgage repayments
- High margin of financing (MOF)
- Flexibility to pay more and withdraw cash when funds are needed
- Long tenure up to 30 years or 70 years of age, whichever is earlier
- Convenience of multiple repayment channels – online, ATM, Cash Deposit Machine, Phone Banking or Standing Instruction