It provides a unique contrast to the other residential developments in the UAE being so wonderfully located amongst the mountains of RAK. “Al Hamra Village is a breathtaking development. Steve Williams, Chief Operating Officer of Lloyds TSB Group Middle East, said: We welcome Lloyds TSB to the Al Hamra Village family and this tie up represents our commitment to provide our customers with best services.” “People living and owning properties today at Al Hamra Village demonstrates our resolve to create and deliver world class user friendly communities for global citizens under the vision and leadership of His Highness Sheikh Saud bin Saqr Al Qassimi. Lloyds TSB is offering mortgages on each phase of the development, including the soon to be launched third phase, known as ‘Royal Breeze’.ĭr Khater Massaad, Advisor to His Highness, the crown prince and deputy ruler of Ras Al Khaimah and Managing Director of AHRED, conveyed in his message Lloyds TSB also prides itself on offering its customers a very high level of customer service, taking them through, step by step, the home buying process. The bank was the first to offer mortgages with no penalty for early settlement – a critical component of a mortgage in a predominantly expatriate market. Lloyds TSB has offered mortgages on freehold property in Dubai for over two years. The project is being implemented in phases and units are presently being delivered to national and expatriate homeowners at the Village. The Al Hamra Village project is a AED 2.5 billion premium real estate and tourism project in the northern Emirate of Ras Al Khaimah, renowned for its stunning natural scenery and laid back pace of life. Lloyds TSB Dubai, the only Aaa rated bank in the UAE and part of one of the world’s largest banking groups, today signed the contract confirming that it is offering mortgages on Al Hamra Real Estate’s amazing Al Hamra Village and Royal Breeze developments in Ras Al Khaimah.
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