Mortgage straight purchase
- Intended for anyone who wants to own a home
- Repayment period of up to 25 years
- Purchase the desired property anywhere in the country
- Up to 90% finance
- Security charge over property
Costs Percentage of mortgage amount (aproximate) Transfer stamp duty 4% of home value / 2% for upcountry Stamp duty on charge 0.10% Negotiation fees 1%-2% Legal fees 1.20% Fire insurance 0.13% Home loan protection cover 0.30% Valuation fees 0.25% of value of property Insurance and protection costs are annual.