Terms and Conditions

Second Home with Zero Downpayment?

These terms applies to the Aknaz Mortgages advertisement titled ‘Second Home with Zero Downpayment?’ promoting an equity release mortgage product and mortgage consultancy services. This offer involves a mortgage product designed to release equity from your existing property, combined with professional mortgage consultancy to guide you through the process. It is intended for individuals who already own a home in the UAE and are considering an equity release to purchase a new property valued at less than 80% of their current property’s value. Customers are responsible for all associated fees, including but not limited to trustee fees, mortgage transfer fees, and other applicable charges.