Lloyds TSB stops issuing mortgages for UAE flats
United Arab Emirates: Tuesday, November 11 - 2008 at 09:08
Lloyds TSB Middle East has stopped granting mortgages for UAE apartments and is now requiring a 50% down payment for villas. The bank says it has altered its mortgage product offering due to 'exceptional market conditions'.
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Jeff Florian, Senior ReporterTuesday, November 11 - 2008 at 09:08 UAE local time (GMT+4)
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