Over 800 NHC Mortgages Out Of 1800 Are In Default Status

Basseterre, St. Kitts, September 7, 2020 (ZIZ News):More than 800 NHC mortgages out of a total of 1800 are currently in default status.

This means that late payments on mortgages have far exceeded the delinquency stage.

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This was revealed by NHC Board Secretary Candice Caines-Dickenson who was at the time addressing concerns of the National Housing Corporative with co-host, Client and Public Relations Manager at NHC, Jonelle Rawlins during a live Online Delinquency Discussion on Saturday.

Candice Caines-Dickenson explained that the issue is one of growing concern.

She said that persons who do not pay for their houses hinder the National Housing Corporation’s home supplying advancements.

The Board Secretary used the opportunity to explain thatthose persons who are deemed delinquent are those who are late a few days, or weeks. However, those whose accounts are in defaut status have not made payments for months and sometimes years.

Most recently, the NHC introduced ePay which is an online platform to make it easier for homeowners to pay their mortgages and land loans.

The Pay Online feature can be accessed by going to the website www.nhc.kn.

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