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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
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3 facts about joint Mortgage Applications
  • Also known as ‘Share to Buy’ it is a trend that is sweeping western countries which have suffered from economic uncertainty and the credit crunch.
  • Buy with friends, friends who might otherwise be flatmates could take out a mortgage together.
  • Buy with Family, have included non-residing parents acting as a guarantor for a son or daughter; entire families clubbing together to buy a property for them all to live in; brothers and sisters taking out a joint mortgage; offspring buying shares in their parents' home and even children helping their parents on to the property ladder.
 
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Did you know

Save Millions (KSHs) by getting a shorter mortgage term

What the experts say

TRUE, normally buying a home will cost you two or three times the price you paid. This is because of the effect paying interest has on your mortgage repayments. If you pay more every month you'll end up paying much less in interest. Sure, your monthly repayments will be higher, but the overall cost will be hugely lowered.

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