News Forum - Sena unveils rent-to-own strategy to tackle mortgage rejections

[Thaiger]

Sena Development, a publicly traded property developer, revealed new plans this month to rent and transfer ownership of its unsold condo units. This move is in response to a high rate of mortgage rejections. The company aims to enhance sales and revenue in the current year. Kessara Thanyalakpark, the managing director, stated that the innovative … …

The story Sena unveils rent-to-own strategy to tackle mortgage rejections as seen on Thaiger News.

Read the full story

[BJoe]

The junta’s own “Rice Pledge “ scheme in the form of a  225% “loan-to-value “ mortgage program to stimulate the economy,  resulted in the excessively high number of loan defaults and excessive household debt.  So now the need for innovative ways to lessen its impact. 

[Thaidup]

4 hours ago, BJoe said:

The junta’s own “Rice Pledge “ scheme in the form of a  225% “loan-to-value “ mortgage program to stimulate the economy,  resulted in the excessively high number of loan defaults and excessive household debt.  So now the need for innovative ways to lessen its impact. 

´Dont worry, with high prices of housing in Australia the government there is offering up to 40% share in the debt

Thats sure to reduce the prices of housing, LOL