May 21, 2018
By Charl Lategan, Head of Consulting, Qarar
Mortgage lending in the Kingdom of Saudi Arabia (KSA) has undergone many changes over the last decade. Strong initial growth was affected by the introduction of new regulations, which ultimately led to a stable normal growth trajectory. More recently, as part of the National Transformation Programme 2020, the government has made an explicit effort to stimulate the housing market by applying various mechanisms for improving development quality, encouraging competition through free switching between banks, strengthening financing support, and increasing the maximum loan to value (LTV) rate for certain segments. Due to the nature of this long-term secured loan financial instrument, it is critical for property to be evaluated, appraised and financed with a long-term outlook in mind.
Property Re-evaluation Services
Valuations are the foundation of mortgage lending decisions for banks. Movement in market forces impact house prices, which directly impacts the coverage or collateral of your mortgage portfolio.
Property re-evaluation services helps you get an informed, independent advice ranging from re-valuating mortgage portfolios to bench-marking your origination policy. You are provided re-assurance on your current mortgage portfolio coverage and how your originations policy compares to the rest of the market. This also assists you by incorporating learning’s from re-evaluations into enhancing your lending policies. An analysis of your mortgage portfolio will answer questions on:
Property Re-evaluation Services includes the following elements
Secondary to measuring overall market trends, a client can also request a portfolio analysis. This analysis can be used to benchmark a company’s own portfolio within certain market segments, providing insight into the dimensions below:
To know more, write to us today at firstname.lastname@example.org