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Top 10 Energy Conservation Tips For 2012
The cost of electricity is seemingly constantly on the rise, and to help keep your electricity bills under control, you must try to conserve and use energy/electricity more efficiently. Here are our top 10 energy conservation tips for 2012: Use compact fluorescent bulbs Don’t open and close your refrigerator too often Cool hot foods on [...]
Continue reading...Get Funding For Your Real Estate Deal
25. September 2011
Need a US$ lump sum to fund a real estate deal? Ever been in a situation where you had to miss out on a profitable real estate deal, simply because you can�’t afford to get involved? Check out the Real Estate Rolodex, the one tool with everything you need to succeed as a real estate [...]
Continue reading...Special Interest Rate For Jamaican Public Sector (Government) Employees Who Are NHT Mortgagors
21. March 2011
Did you know that, effective July 1, 2010, public sector employees who are NHT mortgagors, will be granted a special 1% reduction in the interest charged on their loans for the next three years. This is in addition to the 1% interest rate reduction being offered to all NHT mortgagors. Outlined below, are procedures to [...]
Continue reading...A Look At The NHT’s Interim & Institution Financing
23. January 2011
… and how it’s helping to stimulate Jamaica’s construction industry. While the National Housing Trust is best known for the schemes it develops and for the range of loans it offers to contributors (mortgage lending), far less is known about its contribution to housing through the financing of schemes developed by private and public sector [...]
Continue reading...Understanding Jamaica’s Registration (Strata Titles) (Amendment) Act
16. January 2011
Please be informed that the Registration (Strata Titles) (Amendment) Act came into effect on January 1, 2010. Generally, the Act seeks to amend the Registration (Strata Titles) Act to: • Establish a Commission of Strata Corporations to monitor, regulate and supervise the functioning of strata corporations and to specify the duties and powers of that [...]
Continue reading...NHT Options For Low Income Contributors
28. December 2010
Many National Housing Trust (NHT) contributors who cannot afford to buy a house or a residential lot are now in a better position to do so. Effective July 1, 2010 the NHT introduced a number of new policies to help lower income contributors realize their home ownership dreams. The polices were: the special subsidy programme, [...]
Continue reading...Use Your NHT Contributions Refund To Finance A Deposit
23. December 2010
Effective January 1, 2011, National Housing Trust (NHT) contributors may apply for a loan against NHT contributions that are being held on their behalf, in order to finance the deposit on a residential property which will be funded by way of an NHT mortgage. Annual contributions refunds will be applied for the repayment of this [...]
Continue reading...New NHT Policies Mean Bigger Loans, Lower Rates, More Options
17. December 2010
Three of the new polices recently announced by the National Housing Trust (NHT) are now in effect. These policies are: (1) the reduction in interest rates, (2) increase in loan limits, and (3) the removal of the 5% deposit on Scheme loans. Their effective date was May 1, 2010. Another policy which the NHT had [...]
Continue reading...How Young People Can Own Their Own Home Through The NHT
12. November 2010
The National Housing Trust (NHT) recently implemented certain changes that now make it easier for young professionals to own their own home. Here are the changes: Typically, the length of time that you’ve contributed to the NHT is one of the key factors used to determine whether or not an individual will qualify for a [...]
Continue reading...No Title For Your Property? You Could Still Qualify For An NHT Loan
31. October 2010
If you don’t have a registered title for your property, it’s still possible to get a National Housing Trust (NHT) loan to build your own loan. Very recently, the NHT have been working closely with the Land Administration & Management Programme (LAMP) – a programme designed to assist Jamaicans to obtain registered titles for their [...]
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30. December 2011
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