Mortgage Update - good news

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Mortgage Update - good news

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#11

18-06-2008, 11:24 AM

Sanchez

Senior Member

Join Date: Jun 2008

Posts: 53

Hi all,
I've just been to El Gouna where I have an account with HSBC.
I was told that they presently do not offer mortgages to non Egyptians.
They were about to offer this but had to review the whole process due to the sub-prime issues experienced in the US and Europe.
Basically I think they want to introduce mortgages to non Egyptians but are just sorting out the details. Hopefully it will happen soon .....

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