Developer Login


  • Do you consider joint applications?
    Yes, we do allow joint applications for a mortgage.
  • What do you consider as security for the mortgage?
    The house being bought will serve as security for the mortgage.
  • Can an apartment serve as security for a mortgage with the bank?
    Yes. The bank may accept an apartment as security for a mortgage, provided the apartment has a sublease on the land it sits on. In Kenya, this is acceptable proof of ownership which a bank may charge as security for a mortgage.
  • What are the additional costs associated with a mortgage?
  1. Commitment fees for the mortgage
  2. Stamp duty for transfer of property - 4% of property value for Nairobi, Mombasa and Kisumu and 2% of property value for upcountry properties
  3. Stamp duty for registration of charge - 0.1% of the loan amount
  4. Legal fees - between 1.5% and 2% of the loan amount
  5. Valuation fees - approximately 0.25% of the property value
  6. Insurance fees - for life cover over the applicant’s life and for fire (and other perils) over the property taken as security for the mortgage