AS JAMAICANS in the United Kingdom prepare to celebrate I Love Jamaica Day with 'The Voice', on July 30 at Capital City, Doyle Gardens in Willesden, London, we, at JN Bank, welcome the inclusion of JN Preferred lender partners and developers from Jamaica to update members in the UK on Purchasing Property in Jamaica.
Home acquisition is one of the wisest and most secure investments most persons will make in their lifetime. And, as many home owners discover, in addition to being a fixed asset, which will appreciate in value, home ownership provides a sense of accomplishment, security and stability.
We assure JN members in the UK that now is a good time to purchase a home in Jamaica, as housing developers are active, and the mortgage sector is highly competitive, with interest rates in single digits.
PRESENTATIONS BY PROPERTY DEVELOPERS FROM JAMAICA
At JN Bank, we recognise the challenges that our members and clients overseas face in identifying real estate properties in Jamaica from the UK and other locations, hence over the years, we have mounted mini-expos and real estate seminars, at which local developers in Jamaica showcase their projects, to our members and customers overseas.
WATCH THE JN BANK TEAM EXPLORE HOW TO MAKE THE MOST OF PROPERTY OPPORTUNITIES, BELOW:
SOLUTIONS
These developers’ projects are also featured in our e- newsletter which is emailed to more than 100,000 JN members twice each month.
The JN Bank, through its predecessor, the Jamaica National Building Society, for 14 decades, has been providing housing solutions for its members and clients, through attractive mortgage rates and simplifying the acquisition process. The JN Bank holds the distinction of being the largest private provider of home ownership solution in Jamaica.
As a trusted financial institution, we not only focus on the bottom line; but, also seek to satisfy our members’ and clients’ needs. And, as the number one “member-owned financial institution” in Jamaica, we offer attractive interest rates from a low 8.5 percent for Jamaican Dollars mortgages; the lowest in the market. Mortgages are also available in foreign currency at a low of 6 percent per annum.
Through our mortgage offerings, home buyers may access up to 95 percent of the market value of their residence, if the value does not exceed J$25 million; and up to two thirds, where the value exceeds J$25 million, at interest rates of 8.5 to 9.29 percent.
Our officers in the UK Representative Office, operating since 1988, facilitate services, such as mortgage loans, for the purchasing of properties in Jamaica. Our UK Representative Office operates from offices in London, at Elephant & Castle; and in Birmingham, at Handsworth, and they are supported by our JN Contact Centre and JN Branches in Jamaica.
QUICK TURNAROUND TIME ON LOAN APPLICATION
Our mantra is: “Facilitating the ease of business,” and, as such, JN Bank’s Client Relationship Officers will assist with the processing of your information and answer questions.
Locally, in Jamaica, our Mortgage department provides fast turn-around time on loan applications. Once you satisfy all the requirements, your loan application can be approved in two to seven working days. If there is a delay, our Client Relationship Officer will contact you.
In addition, JN Bank has four mortgage centres in Jamaica, which are located in Ocho Rios, St. Ann; Mandeville, Manchester; Montego Bay, St. James; and New Kingston, in the Corporate Area, to facilitate our clients.
To secure your place at I Love Jamaica Day on July 30, click here [2].
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