Land rates in Nairobi, Mombasa, Nakuru, Kisumu, Eldoret and Kiambu are set to go up after the Treasury approved the Ministry of Lands’ request for a rates review in a bid to raise an extra Sh8 billion. Lands Principal Secretary Nixon Korir while speaking in Parliament said that the government collects Sh3 billion annually in […]
Buying land in Kenya is no easy feat. Many are the times Kenyans in the market to purchase land have been defrauded or found themselves paying more than they should thanks to dubious Land dealers. In fact, talk to any land owner today and you’ll realize they all have at least one story regarding a […]
Land prices on the Outskirts of Nairobi have shot up in the last year, a new report has revealed. According to a resent report released by HassConsult, satellite towns of Ngong, Ongata Rongai, Tigoni and Kiambu went up significantly dispelling fears that a two-year Covid-19 pandemic and last year’s General Election could push over investors. […]
Kenyan banks have averagely cut mortgage maturity by more than a year to 10.9 years, but increased interest rates, handing consumers a double blow in their dream to own homes. According to a recent Banking Supervision report from the Central Bank of Kenya (CBK) banks increased interest rates on home loans from 11.3% in 2021 […]
