- Get up to 80% of the value of your property in cash.
- Repayment period is 15 years.
- Value of property needs to be more than KES2m (Nairobi) and KES1.5m (up country).
- Security: charge over property.
- Valuation fees: 0.25% of property value.
|Costs||Percentage of mortgage amount (aproximate)|
|Transfer stamp duty||4% of home value / 2% for upcountry|
|Stamp duty on charge||0.1%|
|Negotiation fees||1% to 2%|
|Home loan protection cover||0.3%|
|Valuation fees||0.25% of value of property|
Insurance and protection costs are annual.
Are you interested in applying for an equity release loan?
Fill out the form below and we will contact you to get started