Pakistan Housing Finance to Become More Accessible

08/11/2018

housing-sector-pakistan

Having your own roof is not something luxury but considers as a fundamental need, whose provision ensures a minimum standard of welfare for every human being. Therefore, it has been recognized through the "Universal Declaration of Human Rights" and been reaffirmed at the 1996 UN Habitat Conference through the "Adequate Shelter for All" sl

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Pakistan Housing Finance to Become More Accessible

08/11/2018

Having your own roof is not something luxury but considers as a fundamental need, whose provision ensures a minimum standard of welfare for every human being. Therefore, it has been recognized through the "Universal Declaration of Human Rights" and been reaffirmed at the 1996 UN Habitat Conference through the "Adequate Shelter for All" slogan. However, in the context of conventions, the indicators on Pakistani housing sector show a completely different picture. Currently, there is a huge gap of almost 10 million housing units that grows at the rate of 400,000 units annually.

The inadequate supply in the sector has created a burden on the existing housing

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PMRC to Provide Banks Long-term Housing Finance

08/11/2018

House-Finance

Newly established Pakistan Mortgage Refinance Company (PMRC) has devised a plan to provide banks with long-term financing option at fixed rates to promote housing finance. According to a spokesperson of PMRC, the availability of long-term funds would mitigate credit and maturity mismatch risks for banks.

The officials have decided to set up PMRC along the lines of mortgage

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House-Finance

08/11/2018

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PMRC to Provide Banks Long-term Housing Finance

08/11/2018

Newly established Pakistan Mortgage Refinance Company (PMRC) has devised a plan to provide banks with long-term financing option at fixed rates to promote housing finance. According to a spokesperson of PMRC, the availability of long-term funds would mitigate credit and maturity mismatch risks for banks.

The officials have decided to set up PMRC along the lines of mortgage refinancing companies in the developed world. Its major objective is to collect home loans information, buy home loan options and sell them ahead to the long-term investors. It means banks will originate a home loan, sell it quickly to PMRC and extend more loans using the freed up liquidity. PMRC will

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Mortgage Financing in Pakistan Ė A Long Way to Go

08/11/2018

Housing calculatorIf we see Pakistani nation in a broad-spectrum, we will get to know that people are likely to pay huge sum in form of monthly rent than to put up collateral against which they can mortgage a home. It is because of the innate fear of losing everything you own due to bank loan and not just few but many harbour it. Pakistan lags behind most of the other Asian countries in the mortgage financing sect

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Housing calculator

08/11/2018

House sitting on calculator isolated on white background

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Finding the Right Buyers for Your Property

08/11/2018

right-property

"Cash is king" in every kind of transaction but it becomes more important in real estate sector. When it comes to selling our property to the buyers, we all tend to find cash buyers, who can pay lump sum amount for our asset. Sellers also give favours to cash buyers due to huge benefits entailed with cash buying. And not just this but there are several other reasons seller

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08/11/2018

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Why is Home Inspection so Important?

08/11/2018

home-inspection

Buying your own home? Isnít it exciting? It definitely is. Therefore, it is easy to get swept up in the excitement of buying a new home and forget to make important decision regarding home inspection before handing over the final cheque.

Majority of home buyers skip this point considering it an expensive step but experts consider home inspection an instrumental part

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