General Assessment

    Variable(2015)
    Data
    Main constraints in the development of the housing finance sector  
    New developments that will have a major impact on the sector 
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    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "Stamp Duty" must be paid when buying real estate or a home, or seeking a mortgage.
    Notes: "The District Revenue Officer in valuing any rented building for the purposes of this Act may in his discretion make such deductions or allowances, but in respect of voids and loss of rent only, as he may think proper."
    Notes: "The District Revenue Officer in valuing any rented building for the purposes of this Act may in his discretion make such deductions or allowances, but in respect of voids and loss of rent only, as he may think proper."
    Notes: Average NPL % of 2010-2015.
    Notes: Average NPL % of 2010-2015.
    Notes: Average NPL % of 2010-2015.
    Notes: Average NPL % of 2010-2015.
    Notes: Average NPL % of 2010-2015.
    Notes: Average NPL % of 2010-2015.
    Notes: Base Year
    Notes: Based on the Mortgage Market Reference Rate (MMRR).
    Notes: Home Mortgage Bank is privately managed secondary mortgage market maker who possesses a small (6%) of mortgages outstanding in bond value.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Includes commercial real estate loans as well as residential. Central Bank Trinidad and Tobago does not differentiate the two mortgage balances.
    Notes: Land Regularization of Tenure Act 25 of 1998 designed to address nationwide issue of informal squatting.
    Notes: Legal limitations set by Central Bank on maximum fluctuation on variable rate mortgages within 3-year period.
    Notes: Legal limitations set by Central Bank on maximum fluctuation on variable rate mortgages within 3-year period.
    Notes: Legal limitations set by Central Bank on maximum fluctuation on variable rate mortgages within 3-year period.
    Notes: Majority of mortgage lending (67%) done by commercial banks funded by deposits.
    Notes: Only on sale of assets within 12 months of acquisition does capital gains tax of 25% apply.
    Notes: Only on sale of assets within 12 months of acquisition does capital gains tax of 25% apply.
    Notes: Only on sale of assets within 12 months of acquisition does capital gains tax of 25% apply.
    Notes: Only on sale of assets within 12 months of acquisition does capital gains tax of 25% apply.
    Notes: Only on sale of assets within 12 months of acquisition does capital gains tax of 25% apply.
    Notes: Only on sale of assets within 12 months of acquisition does capital gains tax of 25% apply.
    Notes: Tax Exemptions for Housing Developers
    Notes: Tax Exemptions for Housing Developers
    Notes: The First Home Purchase (FHP) Subsidy is for people who want to buy their first home, but cannot due to limited financial means. It is an upfront subsidy to help reduce the cost of a mortgage.
    Notes: The First Home Purchase (FHP) Subsidy is for people who want to buy their first home, but cannot due to limited financial means. It is an upfront subsidy to help reduce the cost of a mortgage.
    Notes: The First Home Purchase (FHP) Subsidy is for people who want to buy their first home, but cannot due to limited financial means. It is an upfront subsidy to help reduce the cost of a mortgage.
    Notes: The First Home Purchase (FHP) Subsidy is for people who want to buy their first home, but cannot due to limited financial means. It is an upfront subsidy to help reduce the cost of a mortgage.
    Notes: The First Home Purchase (FHP) Subsidy is for people who want to buy their first home, but cannot due to limited financial means. It is an upfront subsidy to help reduce the cost of a mortgage.
    Notes: The First Home Purchase (FHP) Subsidy is for people who want to buy their first home, but cannot due to limited financial means. It is an upfront subsidy to help reduce the cost of a mortgage.
    Notes: Third largest lending category is that of insurance companies, whose mortgage arm "borrows" from funds of parent company.
    Notes: Trinidad and Tobago Mortgage Finance Company is second leading lender by balance--funded by the government.
    Notes: Trinidad and Tobago Mortgage Finance Corporation has operated as the mortgage lending vehicle for the government since 2002.
    Notes: Trinidad and Tobago Mortgage Finance Corporation has operated as the mortgage lending vehicle for the government since 2002.
    Notes: Trinidad and Tobago Mortgage Finance Corporation has operated as the mortgage lending vehicle for the government since 2002.
    Notes: TTMFC offers up to 95% financing for a home.