Type of financing |
Requirement |
Loan from NHT |
5% of the bid sum is payable as a deposit, providing the other associated costs can be covered by the mortgage loan. |
Loan from other source(s) |
15% of the bid sum is payable as a deposit, providing the other associated costs can be covered by the mortgage loan. |
Cash purchase |
15% of the bid sum is payable as a deposit. Evidence of the balance of the purchase price and the other associated costs must also be provided before offer is considered acceptable. |
Joint Finance Mortgage Programme (JFMP) |
15% of the bid sum is payable as a deposit, providing the other associated costs can be covered by the mortgage loan. |