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If employed - copies of your last six months' payslips and copies of your latest two P60s
If self-employed - copies of your last three years' audited acounts and copies of both your last 12 months' business and last 6 months' personal bank statements.
Your total existing liabilities, including any mortgage/rent payments, loans, credit card payments, etc plus your proposed Egyptian mortgage payments must not exceed 25% of your monthly income.
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* Max 85% LTV
* Age: up to age 65
* Minimum loan n/a
* Repayment mortgages only |
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* Maximum Term 30 years
* Egyptian Pounds only
* Current Interest Reta: from approx. 14% |
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Example Egyptian Mortgage: Repayment Mortgage of approx EGP 100,000 over a period of 30 years at an interest rate of approx 14.00% in Egyptian Pounds = approx EGP1,184.00 capital and interest per month = a total approx amount payable over term of EGP 426,240 excluding other costs.
You can contact agents able to assist with your property purchase by completing this form
Think carefully before securing other debts against your home. Your home or foreign property may be repossessed if you do not keep up repayments on your mortgage. |