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There’s good news for National Housing Trust (NHT) contributors applying for a refund. Now, there are two additional institutions through which contributors may receive refunds as a direct deposit to their bank account.
The NHT is pleased to confirm partnership with the two newly-licenced commercial banks, namely JN Bank & JMMB Bank, to facilitate pay-out of NHT contributions refunds… Read More
The National Housing Trust (NHT) has improved its contributors’ ability to afford home loans, following an increase in the NHT’s loan ceiling from $5.5 million to $6.5 million. In addition, the NHT has reduced interest rates for all mortgagors and has made adjustments in the income bands to which interest rates are applied. The changes became effective on May 1, 2019, retroactive to April 1, 2019… Read More
The NHT introduced the ‘Guaranteed Purchase Programme’ in November 2018. Under this programme, developers conceptualize and execute their development plans, while the NHT absorbs the market risk by purchasing units in the development. This approach seeks to leverage the efficiencies within the private sector in order that units can be delivered at lower costs, within faster timeframes and with… Read More
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