Hellenic Bank launches home loan scheme for first-time buyers
Source: Cyprus Mail
Hellenic Bank this week announced the launch of a new initiative designed to support first-time homebuyers in Cyprus.
The “First-time Homeowners” scheme offers reduced interest rates for the initial three or five years of a mortgage, making it more accessible for those purchasing their first property during these challenging times.
The new scheme is part of the bank’s broader “My Home” ecosystem, which includes the “My Home Rewards” programme.
This rewards scheme provides cash back of up to €2,000 for home furnishings and equipment purchased from participating retailers.
Moreover, the initiative aims to enhance the home-buying experience by offering tangible financial benefits rather than reward points.
The “First-time Homeowners” scheme offers several attractive benefits designed to ease the process of purchasing a first home.
Firstly, beneficiaries will benefit from a fixed introductory interest rate for the first three or five years of their mortgage, providing financial relief during the early stages of home ownership.
Additionally, the scheme includes the “My Home Rewards” programme, which gives customers cash back to use with selected retailers, allowing them to furnish and upgrade their new home.
Furthermore, the programme also supports sustainability by offering favourable rates for energy-efficient homes, helping buyers save on energy costs while promoting environmental responsibility.
Participants in the scheme can also enjoy immediate benefits such as a credit card with no additional documentation required and no annual fee for the first year.
Another benefit, the Mple rewards programme, adds value by providing cash back, offering yet another incentive for customers as they embark on their home-buying journey.
“Amidst significant inflationary pressures, Hellenic Bank is committed to being a key financial partner for those looking to achieve homeownership,” the bank said.
“The bank encourages prospective buyers to take advantage of this exclusive pricing opportunity and the Mple rewards programme,” it added.
For further details and to schedule an appointment with a bank representative, visit Hellenic Bank’s housing loan page or contact your nearest branch.
The original article: belongs to Cyprus Mail .
