Sampath Bank partners Home Lands to launch 0% equity housing solutions

Wednesday, 8 October 2025 00:08 - - {{hitsCtrl.values.hits}}

Home Lands Skyline Chairman/Managing Director Nalin Herath (sixth from left) and Sampath Bank Chief Operating Officer Deepal De Silva (seventh from right) exchange agreement in the presence of

representatives from both institutions

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 is 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.

Sampath Bank Chief Operating Officer Deepal De Silva 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.”

Home Lands Group Chairman Nalin Herath 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.”