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Private Treaty Sale is one of the methods used by financial institutions such as the NHT, to legally recover outstanding mortgage loans in default, and which are secured by properties such as residential homes.
Only the points of the primary applicant will be used for selection. So, ensure that the person with the highest points is the primary applicant.
Watch our website and the print media to see if your name was published.
The Priority Index Entitlement (PIE) System is the selection system used by the NHT to award scheme loans to eligible contributors. Under PIE selection the criteria are: Parish of residence or Parish of employment— Applicants must live and/or work in the parish where the development is located. Number of points—Points are derived from weekly contributions and current income.
Only in instances where the price of the unit is greater than the loan amount granted by the NHT.
