QNB receives official approval to provide UK Home Finance services to individuals

Posted on : Sun, 06 Aug 2017

Doha, 6 August, 2017 -- QNB, the largest financial institution in the Middle East and Africa, has announced that its London branch received the approvals of the Prudential Regulation Authority and the Financial Conduct Authority for its regulated Home Finance license designed to assist affluent individual customers with buying property in the UK.

This marks a significant step in ensuring that QNB customers who enjoy premium banking services can now benefit from the QNB London branch’s increased lending range and capabilities with advisory services and solutions offered by its dedicated Relationship Managers.

The Bank’s UK Home Finance services can be provided through various structures designed to meet the individual needs of its customers. Starting at just £150,000 and with loan periods of up to 20 years, QNB can also assist customers in almost any situation, whether it is buying an apartment for their children studying in the UK, a home for when the family is visiting the UK or building up a property investment portfolio.

The London branch has embarked on a rigorous development program with its Home Finance advisors obtaining Certification in Mortgage Advice and Practice. QNB’s Home Finance Advisors will assist customers from the beginning of the process through to the day when they walk through their new UK home in a fair, knowledgeable and professional manner.

Over the past few years, QNB has extended its personal banking services at its London branch to include a full range of accounts, consumer loans, as well as home finance facilities and the issuing of domestic debit and credit cards in local currency. It also provides customers with a global account view, through its online banking services, plans are in progress to provide mobile banking soon.

This new product launch adds to QNB London’s extensive offering in the areas of personal banking, treasury, trade and corporate banking.

Customers interested in this new range of home finance services can visit QNB London branch or apply via their local Relationship Manager to connect them to one of QNB’s UK Home Finance Advisors.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 27,900 operating through more than 1,250 locations, with an ATM network of more than 4,300 machines.