This is a Home Affordable Rent Programme,which is convinient affordable and achievable
- - A simple mortgage deposit scheme to build equity for house purchase
- - Get a house under an initial rental lease agreement
- - Buy an option to purchase the property at a predetermined price on a future date.
- - Frequency of payment is either monthly,quarterly or annually.
- - Mortgage service by direct deduction through employer.
- - Flexible payment terms.
- - No agent commission
- - Statutory charges are defered.
- - House cost is held at an agreed price,through the option period.