Renovation Realities

Acquiring a mortgage for a property that is lower than normal or acquiring financing in your own home renovations based mostly on the equity already within the home is a fairly commonplace process. With the assistance of the Banque Libano-Fran├žaise Renovation Housing Mortgage, specifically designed to finance your expenses, you may redesign an previous property, redecorate a new villa with new portray and floor protecting, exchange outdated tiles, fix the roof, or even change the entire plumbing system.renovation

Landed property homeowners can even interact a Certified Individual (QP) to lodge the renovation works below the Plan Lodgment Scheme (Additions & Alterations) if your property is located in certain designated landed housing estate and meet certain standards.

For a 36-12 months-old individual renovating his residence for USD 30,000, the Mortgage is reimbursed over a 3-year period by way of equal month-to-month installments of USD 946 at an Annual Share Fee (APR) …