NCBA, TATU CITY ENTER INTO MORTGAGE FINANCING DEAL
By Douglas Muriithi
NCBA partnered with Tatu City to enable
aspiring home owners access mortgages at the
Kiambu County-based Special Economic Zone
development.
Under the deal, NCBA will provide a suite of
options to prospective homeowners including
plot purchase, construction financing, buy and
build loans, equity release and closing costs.
Mortgages are available to both salaried and
non-salaried customers of Tatu City where
salaried buyers will enjoy payment terms up to
retirement age while non-salaried customers
will have terms up to the age of 65. Buy and
Build financing is available up to 100%. This
facility enables customers buy a piece of land
and construct simultaneously. For customers
who already own a piece of land, our
construction solution will go a long way in
actualizing their dreams.
NCBA Head of Property Finance, Stella Mutai
said; “Owning a home has never been easier,
this partnership has been designed to enable
home buyers realise their dream of living and
working at Tatu City without the strain of
upfront costs.”
On her part, Tatu City head of residential sales
Beatrice Njeri said; “At Tatu City, we believe that
accessible home ownership is the right of every
citizen,”
“Tatu City’s ability to offer aspiring homeowners
innovative mortgage products from NCBA
underscores our commitment to providing
homes for all income groups.” Njeri added.
Tatu City home and business owners enjoy
amenities such as Nova Pioneer school and
Crawford International school. Further,
businesses at Tatu City enjoy Special Economic
Zone status, such as reduced corporate taxes
and zero-rated VAT in the city.
NCBA, TATU CITY ENTER INTO MORTGAGE FINANCING DEAL
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NCBA, TATU CITY ENTER INTO MORTGAGE FINANCING DEAL
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