Property & Real Estate
Regulation, Risk & Compliance
Tax
Uncategorized
UAE central bank sets early exit fee limit for mortgages
The Central Bank of the UAE directed local banks to reduce the early settlement fee on mortgages to a maximum of 1 per cent or Dh10,000, whichever is less, to those borrowers who want to exit their mortgages early. The apex bank said in a circular that borrowers who had…
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