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Realestate Briefing :- More demand for mortgages in UAE as prices ...

This is a discussion on Realestate Briefing :- More demand for mortgages in UAE as prices ... within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; From Propertywire.com: The mortgage market in the United Arab Emirates is experiencing significant growth as investors are becoming increasingly reliant ...


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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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Old 09-24-2008, 11:30 AM
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Default Realestate Briefing :- More demand for mortgages in UAE as prices ...

From Propertywire.com: The mortgage market in the United Arab Emirates is experiencing significant growth as investors are becoming increasingly reliant on mortgages to purchase property, it is claimed. The latest figures show that ...

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briefing, demand, mortgages, prices, realestate, uae


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