Piptan Finance / Mortgages / Refinance & equity release
MORTGAGES · 05

Refinance & equity release

Move to a better rate, buy out an existing loan, or release equity from a property you already own.

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WHO IT'S FOR

For existing owners.

Rate switchersMoving off an existing mortgage to a more competitive rate elsewhere on the panel.
Loan buyoutsConsolidating or replacing an existing mortgage with better terms.
Equity releaseUnlocking value in a property you own to fund a purchase, renovation or other need.
End-of-fixed-term ownersReviewing options as an initial fixed-rate period comes to an end.
ELIGIBILITY & THE NUMBERS

Where this typically lands.

Indicative figures: every case is confirmed against the specific bank, property and buyer profile.

~1%Typical early-settlement fee on the outstanding balance
Panel-wideCompared, not just your current bank's renewal offer
Valuation-basedEquity release limited to current market value
HOW IT WORKS

Reviewing what you already have.

01
Review the existing loanWe look at your current rate, remaining term, and any exit or early-settlement costs.
02
Compare across the panelYour current bank's renewal offer is checked against what the rest of the panel would offer a new customer.
03
ValuationThe property is revalued to confirm current equity and what can be released, if relevant.
04
Settle & transferThe existing loan is settled and the new mortgage registered, or funds released against the equity.
05
New terms beginYour repayments continue under the new rate and structure.
A NOTE FROM THE DESK

"A renewal letter from your existing bank is a starting point for the conversation, not the end of it; the rest of the panel is usually worth checking."

FREQUENTLY ASKED

Common questions.

Is there a fee to exit my current mortgage early?

Most UAE banks apply an early-settlement fee, typically around 1% of the outstanding balance, though this varies by lender and loan type. We factor this into whether refinancing actually saves you money.

How much equity can I release?

This depends on the property's current valuation and your outstanding balance: lenders set a maximum loan-to-value on refinance, so the released amount is the gap between that limit and what you still owe.

Is refinancing worth it for a small rate difference?

Not always: the early-settlement fee and any new registration costs need to be weighed against the savings over the remaining term. We run the comparison before recommending a move.

Ready to see your own numbers?

Run the calculator for an indicative repayment, or book a call with the desk to structure the finance for this exact case.

Run the calculator → Book a consultation