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Bank relaunches home buyer promotion for clients

Monika Singh
Friday, February 02, 2018

HOME buyers are being given the opportunity to own their own property with Bank South Pacific relaunching its home buyer promotion, effective from yesterday.

BSP acting country manager Ravindra Singh said property ownership was a major step in improving your net and it offered their customers a real option for security.

Mr Singh encouraged all Fijians to weigh up the choice of renting verses owning a home.

"Whether refinancing a home loan from another bank, buying vacant land, constructing a new home or purchasing an existing property, this package will surely benefit them," Mr Singh said.

A statement from the bank said their home loan rates were from 3.95 per cent p.a fixed for six months, 4.5 per cent p.a fixed for 12 months and a variable interest rate of 6.25 per cent p.a.

Although the offer is valid for a limited time only it comes with additional benefits for customers:

* Free fixed rate roll over enables customers to switch from a six-month to a 12-month fixed rate absolutely free. This is a saving of $300.

* A $250 discount on legal fees.

* A 50 per cent discount on establishment fees.

The statement said the bank was renowned for giving back to communities and with the rates mentioned above, it aimed to assist prospecting home buyers facing the challenges of current property market prices.

To apply for a BSP EasyHome Loan, applicants must present a recent payslip and an employment confirmation letter to assess their housing loan eligibility after which our highly trained mortgage specialists will assist them through the process of acquiring their new property.

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