Tamweel launches integrated home finance scheme
Dubai, October 8, 2011
Tamweel, the UAE Islamic home finance provider, has launched its “Home Finance Plus” scheme, an integrated home finance programme.
The scheme provides homeowners with a wide range of essential services at no additional cost.
Home Finance Plus takes a different approach to home ownership by covering many of the expenses and hassles involved in the process – easing short-term cash-flow concerns and removing much of the stress associated with buying a new home, a statement said.
The scheme includes: free residential maintenance and life takaful for two years; a rental discount equal to property takaful for two years; free relocation services; furniture discount from partner outlet; free property evaluation; and profit-free property registration finance.
The introduction of this bouquet of services comes in response to the company’s ongoing research into the preferences of its customers, according to Varun Sood, acting chief executive officer of Tamweel. “Based on our years of experience meeting the evolving needs of homeowners in the UAE, we have identified some essential components of home ownership – and have decided to include them in our Finance offer by absorbing the cost associated with them,” he said.
“We understand that providing the right home finance solution, with the right mix of value added services and the highest level of after-sales support , is paramount for our customers,” Sood added. “But we also recognise how important peace of mind is to new homeowners, who want the process of closing on their home and then moving in to be as simple and stress-free as possible. That is why we are so pleased to announce the launch of ‘Home Finance Plus,’ the first truly integrated home finance programme in the UAE.” - –TradeArabia News Service