John Keells Properties’ Freedom Mortgages now available for HNB customers

Tuesday, 16 February 2021 02:32 - - {{hitsCtrl.values.hits}}

From left: JK Properties Legal Officer Kanishka Herath, JK Properties Head – Sales Nadeem Shums, JK Properties CFO Ravi Wijeywantha, JK Properties Sector Head Nayana Mawilmada with HNB Deputy General Manager – Retail and SME Banking Sanjay Wijemanne, HNB Head of Personal Financial Services Kanchana Karunagama and HNB Assistant Manager – Housing and Personal Loans Sampath Dodanwela

John Keells Properties has tied up with Hatton National Bank (HNB) to offer its exclusive Freedom Mortgages home financing scheme for potential homeowners looking to invest in its much-awaited TRI-ZEN development.

The Freedom Mortgage plan promises customers the financial relief of a two-year interest free period on their mortgage, with the customer only having to pay 20% up front. The bank will fund up to 80% of the purchase price and the loan will be offered at attractive interest rates starting from just 7%.

Investors are faced with an unprecedented opportunity to purchase a home in the heart of the city through the Freedom Mortgage plan. Once the first 20% is paid, the customers do not need to make any further payments for a period of 2 years through this scheme, and the bank can also offer a grace on the capital repayment for up to 5 years. Additionally, the loan process is supported by HNB’s state-of-the-art back-end processes to ensure a three-day loan approval period for all applications.

“As one of the largest private sector banks in the country, we have always worked to offer our customers the best possible method to achieve their dreams. This partnership is an ideal opportunity for prospective homeowners looking to invest in a modern living space for their dream home,” HNB Deputy General Manager – Retail and SME Banking Sanjay Wijemanne said.

Slated for completion in 2023, TRI-ZEN is a joint venture between Indra Traders and John Keells Holdings, and promises occupants luxury, smart-home residences in a most enviable location. From its address in Union Place Colombo 03, the 53-storey residential development houses 891 one, two, and three-bedroom apartments, each unit fully equipped with state-of-the-art facilities and conveniences geared towards 21st century connected living.

In living amongst a community of like-minded professionals and families, and with easy access to public transport terminals and the city’s best schools, hospitals and retail arcades, residents will get more than just a taste of the perfect urban lifestyle.

For further details please contact HNB on 011-2462462 or TRI-ZEN on 0702294294 or via email at [email protected].