8 Excuses Your Landlord May Use to Raise Your Rent
Very few people actually like their landlords. For those who are living pay check to paycheck, extra rental fees can be a nightmare. Add to that, the fact that housing prices are subject to constant changes that can happen at the flick of a wrist. To…
5 Steps to Take before Buying a Home
Whether it’s a bungalow, a maisonette or an apartment, everyone needs a place they can call their own. However, Britam reports that Kenya’s property market can only provide 30,000 houses a year despite a demand for more than 200,000 units annually. What’s more, the number of…
Ujenzi Bora Launch Cheap Housing Project
Kenyans may soon have access to more low-cost homes as Ujenzi Bora makes plans to introduce cheaper housing models into the market. The housing-procurement firm has set up a task force comprising of architects, engineers and consultants to design at least 5 new affordable house models.
Using Your Pension to Buy a Home
In 2009, the government passed a bill that would allow pension holders to use their schemes as mortgage collateral. Shortly thereafter, British American Insurance signed a merger with Housing Finance allowing plan holders to purchase homes using part of their accumulated pension. This means that anyone…
Housing Loans: Know Your Options
Applying for a mortgage is a task that should not be taken lightly. Despite there being a variety of mortgage lenders in the country, not many people know what the best rates are. Based on data collected from Hass Consult, one of Kenya’s biggest…
Kenyans set for 100% Housing Loans from Britam
Britam has unveiled a new service that will allow potential home-owners to apply for 100% financing on mortgages. The product, dubbed Collateral Replacement Indemnity (CRI), is the first of its kind in Kenya. Britam adopted the idea from Home Loan Guarantee, a South African…
Moving Back Home to Save Up For Your Own Home
Everyone longs to one day own a house of their own. The security and prestige that comes with knowing that you have a place of your own is indescribable. Based on the fact that majority of Kenyans survive on less than a dollar a day, high…
Buying a flat? What you need to know
This is part of a series of articles from the book: The ABC of REAL ESTATE investment in Kenya The rapidly escalating value of land and the ever rising cost of building materials have forced developers to shift from individual houses and maisonettes to flats…
Owning a Home: Building Versus Buying
When it comes to owning a home there are several factors that come into play. No debate has been larger that the building a home Vs buying a home one. So what exactly are the numbers in this debate?
Build Your House Like a Jigsaw Puzzle
Prefab housesare structures that can be assembled piece by piece based on pre-set specifications. These structures function like a jig-saw puzzle, all you need to do is put the pieces together.
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