Sampath Bank PLC recently signed a Memorandum of Understanding (MoU) with Home Lands Group at its Head Office, introducing a new financing solution aimed at easing the path to property ownership for homebuyers. This agreement further strengthens the long-standing partnership between the two organisations while providing customers purchasing houses or apartments developed by Home Lands with access to a 0% equity financing solution, subject to eligibility criteria.
Under this scheme, Sampath Bank will fund 100% of the total purchase price or total loan amount, ensuring buyers enjoy a seamless handover of their property. This exclusive facility eliminates the need for an initial down payment, providing customers with a truly hassle-free path to homeownership.
Home Lands, Sri Lanka’s one of the leading & most trusted real estate provider, is widely recognised for its resort-style luxury residential developments. The company has delivered over 3,200 residential units across multiple themed mega residential complexes and has over 1,800 units currently under construction across six futuristic mega residential projects. Guided by a strong set of values, Home Lands continues to drive trust, innovation, and excellence in the property sector.
The MoU reflects a shared commitment between Sampath Bank and Home Lands to create accessible housing opportunities while offering customers financial solutions that match their aspirations.
Speaking at the signing ceremony, Deepal De Silva, Chief Operating Officer of Sampath Bank, said, “Homeownership is one of the most meaningful milestones in a person’s life, and this partnership allows us to remove one of its biggest barriers, the initial down payment. Through this innovative 0% equity financing solution, we are empowering more Sri Lankans to step into their own homes with confidence and financial peace of mind.”
Nalin Herath, Chairman of Home Lands Group, said, “Through this partnership with Sampath Bank, we are widening the opportunities available to aspiring homeowners across Sri Lanka. We remain committed to making homeownership more accessible, ensuring that our customers can step into their dream homes with confidence, convenience, and peace of mind.
Customers purchasing property from Home Lands can now enjoy these benefits by applying through Sampath Bank. For more information about the bank loan, contact the Sampath Bank hotline on 0763193886. Customers can also call Home Lands on 0112 888 777 to obtain specific details, learn more about current developments, or schedule a site visit.
Photo Caption: Mr. Nalin Herath, Chairman / Managing Director – Home Lands Skyline (Pvt) Ltd (Sixth from Left) and Mr. Deepal De Silva, Chief Operating Officer – Sampath Bank (Seventh from right) exchange the agreement in the presence of representatives from both institutions.
