Equity Bank to unveil Kenya’s first digital mortgage application

Equity Bank has announced plans to unveil Kenya’s first digital mortgage application as it moves to digitise its asset finance procedures. This follows the success that the lender’s mobile channel Equitel has been enjoying since its inception in September last…
Real estate firms get creative to woo elusive buyers

Property developers usually make money by putting up and selling new buildings, but when the real estate market cools, making it difficult to obtain financing, they often look for other ways to help turn a profit. Kings Pride Properties Ltd…
HF unveils new growth strategy

Property and financial solutions provider Housing Finance has embarked on a major rebranding initiative as it seeks to better market its products and services. The company has adopted a new name, HF Group Limited, after it was granted the go-ahead…
Mortgage tips and advice for first time home buyers

A mortgages is a long term financial obligation (15 to 30 years) that impacts heavily on an individual’s personal budget. Taking a mortgage, especially for first time home buyers, requires you to seek expert advice and to make careful consideration…
Here is why you absolutely need mortgage insurance

Mortgage insurance, often referred to as MI, is an insurance policy that compensates the lender for losses incurred due to a mortgage default. Payable to a lender, this insurance helps reduce or eliminate loss in the case of a default…
Fractional home ownership gains steam in Kenya

Fractional ownership, a groundbreaking model of home ownership in Kenya, is enabling ordinary citizens to own luxury homes that were previously only afforded by the wealthy few. This concept is proving a hit in Mombasa and other coastal areas, where…
Housing Finance unveils 57 low cost home designs

Mortgage financier Housing Finance (HF) has unveiled an initiative that will make it possible for Kenyans to own homes for as little as Sh1.6 million. The initiative dubbed Makao housing project offers land owners with an option of 57 different…
DBK unveils Kenya’s lowest mortgage rates at 8.5pc

Development Bank of Kenya (DBK) has said it will offer mortgage loans at 8.5 percent – the lowest rate in the country – to buyers of apartments at the Great Wall Apartments in Mlolongo, just outside of Nairobi. The bank,…