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.

An 'Asking Price' for each property is displayed. This price is the amount we will be prepared to consider as an offer to purchase the property. Please note that this figure is subject to change from time to time. *N.B. We reserve the right to accept or reject any bid, and we are not compelled to sell the property to the highest bidder.

You can apply by doing the following: ( i ) Visit the property of choice to determine its external condition, and if it is in a suitable location; ( ii ) If you are interested in purchasing the property, write a letter, referred to as a “Bid”, which must include the following information:- Full address of the property/ies of choice; Specific amount(s) being offered to purchase the property/ies; Your full name, mailing address, and telephone contact number(s); State whether you will be purchasing the property with Cash or by getting a loan from a financial/mortgage institution; Ensure

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. 

Whenever credit information has been amended a copy of the amended report is sent by the credit bureau to every person to whom the credit bureau disclosed the inaccurate or incomplete information. The consumer is also notified when the necessary changes have been made.

Once a complaint is made to a credit bureau, the Bureau should take steps such as to confirm, correct or complete the information no later than fourteen days after the complaint has been made.

Complaints regarding credit reports should be directed to the Credit Bureau from which the credit report was received.

As an authorised Credit Information Provider (CIP) under Section 8 (2) (k) of the Credit Reporting Act, the NHT has the right to share information listed in Section 8(1)(3), 7 days after publishing a general notice. 

Yes, the NHT is authorised to share this information under Section 8 (2) (k) of the Credit Reporting Act, 2010 (“The Act”).

No. The report will be used as in (a) above. Additionally it will be used to determine a contributor’s ability to afford a loan in excess of $6.5 million. Loans in excess of $6.5 million are only provided in NHT schemes where the solution is priced for more than the individual loan limit.