In addition to offering home loan finance to residents of the Green Community which now includes the recently launched Lake Apartments, Lloyds TSB also offers home loans for the Green Community West development and UPTOWN Mirdiff.
Union Properties developments are extremely well received in the market after the success of Green Community, a development still talked about for its exceptional quality. Units are still available at UPTOWN Mirdiff and Green Community West which have been built to the same exacting levels of quality for buyers who missed out on being part of the first success story.
The agreement with Lloyds TSB will only make things easier. Property buyers and residents at these Union Properties developments benefit from Lloyds TSB's low arrangement fee of just 0.5%, competitive interest rates and no early repayment penalties. A dedicated Mortgage Arranger services the home loan product which
can be customised to the needs of individual applicants.
Giles Cunningham, Regional Manager, Lloyds TSB, UAE & Gulf states said, "This agreement with Union Properties is very important to Lloyds TSB and our customers. Property buyers in Green Community and UPTOWN Mirdiff will be offered the LloydsTSB market leading home loan product and our dedicated on-site Mortgage Arrangers will ensure fast and efficient processing of their application."
"We offer free valuation services for customers who are transferring their loan from another lender and can also assist customers who now wish to transfer their loan from a rent to own scheme. With this agreement with Union Properties, our Home Loan product is now offered for projects by all major developers including Emaar, Nakheel and Dubai Properties (Jumeirah Beach Residence)." Adds Cunningham.
Simon Azzam, CEO, Union Properties, said "We are delighted with our agreement with Lloyds TSB. As one of the region's leading property developers, we aim to give nothing but the best to our stakeholders and Lloyds TSB assisting us with their superior home loan products fits in with that vision."
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Lloyds TSB Dubai signs agreement with Union Properties to offer home loans at The Green Community and UPTOWN Mirdiff
- United Arab Emirates: Sunday, August 21 - 2005 at 12:15
- PRESS RELEASE
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Lloyds TSB Dubai, one of the world's most well known banks and the only triple A rated bank in Dubai, has announced an agreement with Union Properties to offer home loans at its leading developments.
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Posted by Anne-Birte Stensgaard, Senior News EditorSunday, August 21 - 2005 at 12:15 UAE local time (GMT+4)
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The main branch of Lloyds TSB is in Jumeirah, housed in a custom built landmark building, located on Al Wasl Road opposite Safa Park. The bank also now has a Customer Service Centre located in the heart of the Arabian Ranches residential development in the Arabian Ranches Community Centre. Lloyds TSB Dubai employs 170 people and provides customers with access to a range of personal banking services and products including market leading auto and home loans, credit cards, personal loans, current and savings accounts, and fixed term deposits. Lloyds TSB Dubai also offers easy accessibility to telephone banking and secure internet banking 24 hours a day, 7 days a week.
For further information about Lloyds TSB, please contact:
John Hobday
Citigate / Incepta Middle East
Telephone: 04 332 8832
Mobile: 050 464 8706
Manash Bhuyan
Citigate / Incepta Middle East
Telephone: 04 332 8832
Mobile: 050 841 9631
Kirsty MacPherson
Lloyds TSB Bank
Telephone: 04 302 3307
Mobile: 050 4569442
For further information about Union Properties, please contact:
Joumana Tannous or, Eric Kahi
Tamra C2
Telephone: 04 295 1177
Fax no: 04 295 1188
Union Properties Sales Centre
Telephone: 04 204 6481
Fax: 04 294 9491
About Lloyds TSB
Lloyds TSB Dubai is a branch of Lloyds TSB Group, one of the world's largest and most respected banking groups. Lloyds TSB employs over 70,000 people in more than 20 countries worldwide. Lloyds TSB has been a leading bank in Dubai for over 30 years and was awarded its banking licence by the UAE Central Bank in 1977.
Lloyds TSB Dubai provides a full range of services including: Personal Banking, Commercial Banking, Corporate Banking, Offshore Banking, Private Banking, Treasury Services and Trade Services.
All services at Lloyds TSB Dubai are also accessible via telephone and internet banking.
For more information, please visit
About Union Propeties
Union Properties PJSC, one of the UAE's leading property investment developers and a public joint stock company established in 1993, is totally committed to providing quality service in everything it does.
The success of Union Properties is built upon six basic principles forming the company's ethical code; these being quality, service, innovation, care, trust and diversity. Embedding these six values into every faceted aspect of the operation has enabled Union Properties to leverage itself as a leader in its field.
For more information, please visit www.up.ae
For further information about Lloyds TSB, please contact:
John Hobday
Citigate / Incepta Middle East
Telephone: 04 332 8832
Mobile: 050 464 8706
Manash Bhuyan
Citigate / Incepta Middle East
Telephone: 04 332 8832
Mobile: 050 841 9631
Kirsty MacPherson
Lloyds TSB Bank
Telephone: 04 302 3307
Mobile: 050 4569442
For further information about Union Properties, please contact:
Joumana Tannous or, Eric Kahi
Tamra C2
Telephone: 04 295 1177
Fax no: 04 295 1188
Union Properties Sales Centre
Telephone: 04 204 6481
Fax: 04 294 9491
About Lloyds TSB
Lloyds TSB Dubai is a branch of Lloyds TSB Group, one of the world's largest and most respected banking groups. Lloyds TSB employs over 70,000 people in more than 20 countries worldwide. Lloyds TSB has been a leading bank in Dubai for over 30 years and was awarded its banking licence by the UAE Central Bank in 1977.
Lloyds TSB Dubai provides a full range of services including: Personal Banking, Commercial Banking, Corporate Banking, Offshore Banking, Private Banking, Treasury Services and Trade Services.
All services at Lloyds TSB Dubai are also accessible via telephone and internet banking.
For more information, please visit
About Union Propeties
Union Properties PJSC, one of the UAE's leading property investment developers and a public joint stock company established in 1993, is totally committed to providing quality service in everything it does.
The success of Union Properties is built upon six basic principles forming the company's ethical code; these being quality, service, innovation, care, trust and diversity. Embedding these six values into every faceted aspect of the operation has enabled Union Properties to leverage itself as a leader in its field.
For more information, please visit www.up.ae
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