we live free
What does a halal equity mortgage look like?
Step 1
The customer finds a residential property that he or she would like to purchase;
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Step 2
The customer applies the residential property to We Live Free, after which We Live Free reviews the application and calculates the terms and conditions upon which the customer can enter the contracts;
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Step 3
We Live Free purchases the residential property at market value.
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Step 4
The customer acquires the residential property over time by repaying We Live Free in monthly instalments, fixed and agreed-upon in advance.
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Step 5
During the period of the mortgage, the customer pays We Live Free a fixed lease in order to inhabit the residential property, proportionally decreasing to its increasing ownership.
The customer is presented with a range of choices to suit their needs and preferences
Monthly instalment calculated as a linear or annuity payment
Duration of 10, 15, 20, 25 or 30 years
Input of own funds
We Live Free also offers a murabaha construct
Under the murabaha contract, We Live Free sells the residential property to the client, after which payment is deferred in monthly instalments.
Contact us
Location Amersfoort (NL):
Algolweg 9
3821 BG Amersfoort
Location Amsterdam (NL):
Kabelweg 57
1014 BA, Amsterdam
T: (+31)85 800 0012
E: info@welivefree.nl