John Charcol Dubai to revolutionise the Dubai property mortgage market

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 the Best Overall Broker for What Mortgage (2007) amongst numerous other industry awards for expertise and innovation. John Charcol Dubai offers the reassurance of dealing with a company with an award-winning reputation, built up with over 30 years experience in the industry.

By following the stringent regulatory conditions governed by the Financial Services Authority in the UK, under which the parent company operates, the Dubai franchise has adopted those same standards in all aspects of mortgage application submission, ensuring a quality of service to both home purchasers and lending institutions that it considers has not hitherto been available from independent brokers in Dubai.

John Charcol Dubai advocates superior governance regarding the financial regulatory process. Chris Allen, Sales Director at John Charcol Dubai comments:

"To say it has historically been a challenge to arrange a mortgage in Dubai would be somewhat of an understatement. It has not been uncommon to go through months and months of negotiation only to be denied finance on what most of us would recognise as minor technicalities. We are hoping to put an end to this frustration, offering solutions for expeditiously submitting applications, using UK models and processes, with all of the regions main lending institutions. This is revolutionary in Dubai and should make an enormous difference to the often confusing process."

In addition to the multiple bank relationships, John Charcol Dubai has agreed an exclusive deal with the National Bank of Dubai to provide mortgage finance for UK residents wishing to buy in Dubai. The relationship now means that UK borrowers can arrange a mortgage in Dirhams, secured against the Dubai asset, and is processed in the UK and subject to UK criteria.

John Charcol Dubai now offers a truly independent service utilizing a range of mortgage products from over a dozen of the regions leading financial institutions. Through leveraging those relationships, the company is able to secure some of the most competitive rates available and is able to expedite mortgage applications in the shortest possible time.