Do you need a solicitor for equity release in UAE?
Do you need a solicitor for equity release in UAE?
There are all sorts of reasons why one should consider releasing equity from a property. The majority of properties in the UAE have been bought with cash, which ties up that potential credit line that could otherwise be used for something else. Perhaps you bought the property outright and now it’s worth more than what you paid for it. Or perhaps it was a mortgage and now you have the opportunity to unlock financial gain by selling the home at a higher price; all without having to relocate. There’s no doubt about it, converting cash into credits can be extremely beneficial for plenty of scenarios including debt management, property renovation loans, home improvements or even helping close the deal on another purchase!
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