Lomond Financial Services
Mortgage Brokers
Dubai
About
Lomond Financial Services operates from the 42nd floor of Vision Tower in Business Bay, offering mortgage brokerage and financial planning services. Part of the Cencorp group, the firm has a team of 6+ dedicated mortgage consultants led by Adriaan Rossouw (Head of Mortgages).
Mortgage Services
- Mortgage advisory and brokerage
- Pre-approval support
- Refinancing
- Property investment guidance
- Financial planning alongside mortgage structuring
Key Differentiators
Lomond combines mortgage brokerage with broader financial planning — helping clients structure their mortgage within their overall wealth strategy. Their dedicated mortgage progression team ensures each case is managed through to completion.
Services Offered
Key services Lomond Financial Services provides for mortgage brokers clients in Dubai:
Why Choose Lomond Financial Services
- Independent broker that scans the market and compares offers across multiple banks, so you avoid chasing lenders yourself.
- Negotiates rates and terms on your behalf using established lender relationships.
- Pre-approval support and step-by-step guidance through the full purchase journey.
- Team of experienced mortgage specialists, several with UK and South African mortgage-industry backgrounds.
- Based in Vision Tower, Business Bay, Dubai, serving buyers and those refinancing across the UAE.
How Lomond Financial Services Works
-
1
Initial inquiry & pre-approval
You share your situation and Lomond arranges a mortgage pre-approval, typically within around two weeks.
-
2
Compare & advise
They scan the market and compare offers from multiple banks to find suitable rates and terms.
-
3
Application support
Step-by-step assistance with the mortgage application after you sign the MOU.
-
4
Final offer letter
The bank issues the final offer letter, which can take up to about two weeks after the MOU is signed.
Business Profile
Hours and pricing may change — confirm directly with the business before engaging.
Frequently Asked Questions
How much can I borrow for a home loan in Dubai?
Under current Central Bank of the UAE rules, expat buyers can typically borrow up to 80% LTV on a first property priced at AED 5M or below (85% for UAE nationals), with lower caps (around 60-65%) for a second or subsequent property and roughly 50% for off-plan. A broker like Lomond confirms your exact limit with the lenders.
How are monthly mortgage payments structured?
Each monthly payment generally combines principal repayment and interest, and lenders usually require associated life and property insurance. Over the loan term the share going to principal rises as the balance falls (amortization).
How long does mortgage approval take?
Lomond indicates pre-approval typically takes around two weeks, and the bank's final offer letter can take up to about two weeks after you sign the MOU.
What is the maximum mortgage tenor in the UAE?
The maximum mortgage tenor in the UAE is generally 25 years, subject to age and lender criteria.
What is the difference between fixed and variable rate mortgages?
A fixed-rate mortgage keeps your rate the same for an agreed period, giving predictable payments, while a variable-rate mortgage moves with the market benchmark, so payments can rise or fall. Lomond advises which suits your situation.
What does a mortgage broker do and is it free?
A broker compares offers from multiple banks, negotiates terms and manages the application end to end. Brokers are typically paid by the lender rather than the client, and Lomond offers an initial consultation.
What fees apply when taking a mortgage in Dubai?
Beyond the deposit, expect a DLD mortgage registration fee of 0.25% of the loan amount plus AED 290, a property valuation fee (typically around AED 2,500-3,500) and a bank arrangement fee (often around 1% of the loan). A debt burden ratio cap of about 50% of income also applies.
Is This Your Business?
Claim this listing to manage your info and get featured with priority placement.
Disclaimer: This listing is compiled from publicly available information for informational purposes only. Real Estate Club Dubai does not endorse, recommend, or guarantee the services of any listed business. We encourage you to conduct your own due diligence before engaging any service provider.
If you represent this business and would like to update or remove this listing, please contact us.
Show visitors you're listed in Dubai's real-estate directory. Paste the snippet on your website — the badge links back to this page.
Want a Verified badge and to manage this listing? Claim it.
Want an introduction to Lomond Financial Services?
We'll connect you directly — and suggest 1-2 vetted alternatives so you can compare. Free, no commitment.
Connect with Lomond Financial Services
Request a quote or introduction — we'll facilitate the connection and suggest vetted alternatives.
Thank You!
We'll get back to you within 24 hours.
Free Tools
Handover Radar
Buying or settling at a Dubai handover? Per-building guides on your final payment, mortgage & costs.
Browse buildingsRelated Guides
Dubai Just Removed the AED 750,000 Property Visa Minimum (April 2026): What Actually Changed
Snagging Inspection Dubai: Complete Checklist Before Accepting Your Property (2026)
Dubai Property Listing Platforms Compared 2026: Property Finder, Bayut, DXBinteract
Pillar Guides
Considering Lomond Financial Services?
Compare options or get connected with a vetted provider.