OCBC Bank Loan

United Kingdom London Property Loan – OCBC Bank Singapore

 OCBC Bank Singapore UK Bank Loan
 
United Kingdom London Property Loan – OCBC Bank Singapore- Personal Bank Loan
Financing Term
Description
Purpose
-Purchase for Investment
Eligibility
-Singapore Citizens, Permanent residents and Foreigners.
-Aged 21-70 years old
Loan Currency
SGD (Singapore Dollar) Loan
GBP (Pound) Loan
Interest Rates
3MSIBOR +2.5% Throughout
3M GBP COF + 2.75% for up to 50% financing
3M GBP COF + 3.25% for > 50% financing
Loan Quantum
-Minimum SGD 300,000 or
Minimum GBP 200,000
Up to 75% financing for selected projects.
Loan Tenor
-Minimum 5 years
-Maximum 25 years
Loan Repayment
-Monthly repayment of principal and interest
Administration Fee
GBP 500 + (0.10% of Purchase Price) which covers the valuation fee of the property.
Partial Prepayment
Penalty
Partial prepayment must occur on each rate review date; otherwise a partial prepayment fee of 1.5% will be charged on the amount prepaid.
Full Redemption Penalty
If loan is fully repaid on a non-rate review date, 1.5% will be charged on the amount outstanding.
Cancellation Fee
1.5 % on amount cancelled
Expenses
All expenses including legal fees, annual review charges, taxes, duties, remittance charges and insurance coverage will be borne by the borrower.
Insurance Coverage
Fire insurance coverage for landed property

*Application is subject to the Bank’s other Terms & conditions.
*SIBOR is currently around at 0.4% p.a. as of 08/03/2014

Check your loan eligibility at No Cost!
SMS ‘Leesa8’ and YOUR NAME TO (+65) 9222 9943 to get in touch with a Banker-Caleb Lee from OCBC Bank Singapore.

                            **Check up Overseas New development opportunity is available Now.***

More info on LakeVille at Jurong  @ https://leesa8.com/2014/03/12/lakeville/

Disclaimer: The information provided by Leesa8.com is subject to changes as may be required by the authority or developer and it cannot be used to form art of the offer and/or contract. All information provided have been treated with care and developer and/or marketing agent should not be liable for any inaccuracy.
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