45 St James residents presented with land titles
Forty-five residents from communities in West Central St. James were recently handed registered land titles under the Housing Agency of Jamaica (HAJ) National Land Titling Programme. The residents ...
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Tips for first-time Jamaican home buyers
Planning on buying a home? No worries, attorney-at-law Carissa Mears has put together a checklist to get you started on your journey to home ownership. Step 1: Know your budget Ask yourself, ...
VMBS launches special mortgage product for self-employed Jamaicans
Victoria Mutual Building Society (VMBS) has earmarked $1.4 billion for a new mortgage product for self-employed individuals. The product, referred to as the “100 per cent Mortgage Solutions f...
Sagicor Bank predicts boom in mortgage industry
With recent developments in the Jamaican economy, Sagicor Bank’s Vice President – Retail, SME and Corporate Banking, Michael Willacy, believes that the country’s mortgage industry is poised for growth...
PM announces $1m increase in NHT loan ceiling, reduced interest rates
National Housing Trust (NHT) mortgagors are to benefit from a one per cent across the board reduction in interest rates while prospective homeowners can now access an additional $1 million towards the...
Scotiabank cuts interest rates for mortgages, small business loans
Scotiabank has announced it is reducing interest rates for mortgages and small business loans to new lows. The bank revealed new reduced loan rates of 6.99 per cent for mortgages and 9.99 per cent ...
'Young people, retirees can use tax cuts to acquire property'
The reform of the Stamp Duty and reduction in Transfer Tax will enable young professionals and retired Jamaicans to acquire homes, according to Finance Minister Dr Nigel Clarke. Speaking at a post-...
Sagicor Bank client feted with housewarming party for new home
It was an atmosphere of merriment and celebration at one Jamaican residence when Sagicor Bank treated their clients Rakesh and Sasha Hotchandani to a housewarming party to celebrate the couples’ new h...
Gov't may introduce intergenerational mortgage option
Government is exploring the possibility of introducing an intergenerational or 60-year mortgage programme, through the National Housing Trust (NHT). Prime Minister Andrew Holness made the ann...
Sagicor Bank to host road-shows on mortgage promotion
Sagicor Bank recently launched its 7.5 per cent mortgage financing promotion and will be taking to the road and its various branches a series of educational seminars to inform the public of how they c...