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Barclays offers fixed rate mortgages in UAE

Barclays Bank has announced the introduction of fixed rate mortgages to homebuyers in the UAE. The Barclays Fixed Rate Mortgage plan offers customers access to a fixed interest rate as low as 5.99% with an option to freeze the rate for up to three years. It also allows potential homeowners to expect a full refund for valuation charges as well as processing and application fees.