Maybank London Residential Home Financing

*Additional 5% financing for capitalization of MRTA and other related expenses.

Type of Facility

• Term Loan

Currency

• Ringgit Malaysia

Financing Amount

• Minimum RM500k
• Maximum RM10.0 million

Tenure

• Maximum of
  • 30 years tenure; or
  • Age of 70 years, whichever is earlier.

Property Type

• All completed residential properties including under construction landed and non-landed properties (from Zone 1, 2, 3, selected projects beyond Zone 3, Cambridge and Manchester)

Minimum Lease

• The remaining leasehold period shall not be less than 50 years, inclusive of the financing years.

Lock-in Period

• One (1) year from loan disbursement date.

Purpose

• To finance the purchase of residential property for Buy to Let (BTL) only.
• To refinance existing loans from other banks provided the said property is used for BTL only.

Eligibility

• Age limit: Minimum - 18 years old; Maximum - 70 years old.
• HNW clients having existing relationship with Maybank Group. Call us to know on how to be part of Maybank HNW.

Margin of Financing

• Up to 80% + 5%* of purchase price or latest market valuation, whichever is lower.
  *Additional 5% financing for capitalization of MRTA and other related expenses.

Processing Fee

• RM200

Early Repayment Fee

• 2% of approved loan amount/5 years from full disbursement.

Law Firms

• Maybank appointed law firms.

Valuers

• Maybank appointed valuers.

Click here to see Mortgage Product Disclosure Sheet - Conventional (Eng | BM)

Click here to download the Property Financing Application form