New Hope Scheme
Aim of the Scheme
This scheme is intended to provide an effective remedy to individuals or couples who are currently impeded from accessing the property market despite their purported bankability in terms of ordinary lending practices adopted by the local commercial banks.
Despite their supposed bankability, persons are facing barriers created by the local customary requirement of procuring a valid life insurance protection policy in all circumstances. These impediments are deemed unsurmountable by the persons who have suffered from life-threatening illnesses or medical conditions in their past of who currently suffer from a number of disabilities.
2
Life insurance providers refused the applicant
12 Months
Insurance application deferred
250%+
Average policy premium quoted
€250k
Maximum home value insured