This archive report was first published on 22 August 2019.
Buying a house or land in Kenya has long been a challenging task for many prospective property owners. The process is often marred by complex legal requirements and lengthy certification processes.
However, Co-op Bank Kenya has introduced a solution to this problem with the launch of its Good Home Mortgage scheme. This innovative plan allows prospective buyers to not only shop for estates but also acquire financing for purchase or construction needs.
According to the bank, the Good Home Mortgage scheme is designed to make property acquisition a seamless process. With attractive prime plots and housing units already available, the plan aims to ensure that acquiring property is a straightforward process.
The mortgage can be acquired for both residential and commercial purposes and is available to employed individuals and companies looking to expand their business or invest in property. Additionally, it provides diaspora Kenyans with the opportunity to build a house or purchase land at their desired locations at competitive interest rates and flexible repayment periods.
The Good Home Mortgage scheme offers various financing options, including renovation, plot purchase and property acquisition, equity release, and construction. The bank will fund clients from the foundation stage to the completion of their project, making it easier for them to become happy property owners.
Prospective clients can visit their nearest Co-op Bank branch to assess their needs and take advantage of this exciting opportunity.
Source: Tuko.co.ke (Published on August 22, 2019)
