The Mortgage Company,
The Greenhouse, 2nd Floor
Adams Arcade, Ngong Road
P.O. Box 29310-00100, Nairobi

Tel: +254 729 933955, +254 737 933955
Email: info@tmcafrica.com
www.tmcafrica.com
WATCH TMC VIDEO
What are the requirements if I want to build?

(See above under build or buy)

Should I rent or buy?

(Insert rent or buy calculator)
Rental accommodation always sounds more logical than ownership as most people are unsure of their income abilities to pay off a mortgage and a fear that their property could at some moment in time be auctioned by the bank.

However, there is a risk in renting a house since you are at the mercy of the landlord, whilst ownership would mean you have no landlord to worry about.  In addition, though mortgage payments may stretch your finances in the first few months, over time, you get used to making the payments and the fact that your house is yours, you feel encouraged to ensure that you pay your mortgage on time.

 

 

FacebookTwitterLinkedin

Did you know

Is it better to have a large deposit rather than pay off debt?

What the experts say

False, a common mistake for first time home owners is to focus on saving as much money as possible for a down payment instead of paying off other debts. A better approach is to use extra cash to eliminate credit-card and other high-interest consumer debt even if that means you can put down less on your future home.

Talk to us

Mortgages for

  • Buying your first home
  • Moving home
  • Moving your mortgage to us

Speak to our friendly experts
Call +254 729 933955
Email: info@tmcafrica.com