AFFIN launches financing solution for property investment in the UK

• With growing interest from Malaysians in buying property abroad, especially in key cities in the United Kingdom (UK) such as London and Manchester, AFFIN London Home offers a range of tailored features to help customers diversify their portfolios in the UK real estate market.

KUALA LUMPUR (Aug 2): AFFIN Group today announced the launch of AFFIN London Home, a mortgage solution designed to make property investments in London and Manchester more accessible for Malaysians.

With growing interest from Malaysians in buying property abroad, especially in these key cities in the United Kingdom (UK), AFFIN London Home offers a range of tailored features to help customers diversify their portfolios in the UK real estate market.

This new offering aims to simplify the process and open doors to opportunities in one of the world’s most preferred property markets.

Key features of AFFIN London Home include:

Prime locations: It offers financing options for both completed and under-construction residential properties across London (Zone 1 – Zone 6) and Manchester.
Financing limits: Customers can secure a Ringgit loan of up to RM15 million with a financing margin of up to 80%.
Flexible tenure: The mortgage terms are flexible, with options for 30-year tenures or up to age 65.

“AFFIN London Home, our first international financing solution, marks a new chapter in our mortgage portfolio. By venturing into international property financing, we empower our customers to diversify their investment portfolios and capitalise on the lucrative property market in the UK,” said Affin Bank Bhd president & group chief executive officer, Datuk Wan Razly Abdullah during the launch event at Menara AFFIN @ TRX..

“This move is a testament to our dedication to meeting evolving financial needs, aligning with the three pillars of our AX28 strategic plan: Unrivalled Customer Service, Digital Leadership, and Responsible Banking With Impact,” he added.

AFFIN London Home offers a selection of high-quality properties in prime residential locations in London and Manchester to Tier-A Malaysian property developers. The selection includes prime residential locations ideal for personal use, vacation homes, or accommodations for students studying abroad.

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