The Greenhouse, 2nd Floor
Adams Arcade, Ngong Road
P.O. Box 29310-00100, Nairobi
Tel: +254 729 933955, +254 737 933955
|What are the requirements if I want to build?|
(See above under build or buy)
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.
- The Mortgage Special Report Q3 2013
- Hass Index Q3 2013
- Hass Property Index 2nd Quarter 2013
- Mortgage Special Report for 2nd Quarter 2013
- TMC Mortgage Report Q1 2013
An Equity Release Mortgage is a way of saving money for retirement?
What the experts say
FALSE, An Equity Release Mortgage is a way of taking out value from your home without having to move. However people without a pension when they reach retirement age can opt for releasing capital in return for a lump sum and an assured monthly amount.
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