Intuitive software takes the headache out of choosing a mortgage.
Award-winning local real estate firm Allsopp & Allsopp’s Mortgage Services, which the firm fully acquired from In-House Mortgage Services last year and recently added to with the acquisition of Puzzleworks Mortgage Services, is now offering a new online mortgage service, designed to allow property buyers to compare the rates and products of all the local banks in real time.
Lewis Allsopp, CEO at the Business Bay-headquartered property empire, says: “We have developed our new mortgage platform, available via our website, in answer to customer needs. We appreciate it can be a real headache visiting and calling all the banks and mortgage providers, not to mention time-consuming. So we have provided a one-stop information hub enabling our customers to compare all the latest mortgage data with genuine ease in their own time.”
Dubai registered 69,000 real estate transactions exceeding AED285 billion in 2017, according to the Dubai Land Department (DLD). This compares to property transactions worth AED259 billion via 41,776 deals in 2016.
Allsopp adds: “We saw a rise in the number of people switching from renting to buying last year – an upward trend that looks set to continue - and we pride ourselves on listening closely to our customers needs. As well as opening more bricks-and-mortar offices in three Dubai locations this year, it’s important that we constantly strive to enhance our online offering too.”
As the mortgage platform is online, it will also assist Allsopp & Allsopp’s growing international client base, which can search for the best and most suitable local mortgage deals from abroad.
What’s more, having assessed the live mortgage information feed, clients can begin the mortgage process at the click of a button.
“Whilst our service offers clarity in the increasingly crowded local mortgage market if a client still has concerns, our highly professional team of mortgage advisors are always on hand to help with any queries or issues,” says the CEO.
The company, which has had a presence in the Emirates since 2008, has seen a meteoric rise in business in its 10 years of local business. This year shows no signs of slowing down.
Allsopp & Allsopp prides itself on employing RERA-certified, experienced and highly qualified experts. After opening its first office in Dubai in 2008, Allsopp & Allsopp's latest opening brings its city office tally to seven.
It operates to international service standards, winning 22 international property awards to date.