‘Freedom Mortgages’ Launched by John Keells Properties

As mentioned by the online edition of The Island newspaper last month, John Keells Properties has joined hands with Commercial Bank to offer a new home financing solution known as “Freedom Mortgages”; it is exclusively for those taking a home loan to purchase a TRI-ZEN apartment and waives the interest for a period of two-years. A first in Sri Lanka, this scheme will make it easier for one to purchase these centrally located apartments in Colombo featuring the latest smart-tech.

Through this strategic collaboration, potential homeowners will enjoy significant benefits only having to initially make the minimal down payment and not having to worry about interest payments for two years. Also, there are various mortgage packages on offer with interest rates beginning from 8.75% per annum; additionally, for a five to twenty-year period, the interest rate can remain fixed.