GulfCap Real Estate is proud to announce its new partnership with KCB Bank to offer mortgages to Buxton Point clients.
In a partnership agreement signed on Thursday, 23rd March in Nairobi, the bank has committed to offer the mortgage at a fixed rate of 9 percent. The mortgage payment plan will go for up to 25 years.
GulfCap Real Estate further allowed KCB Bank to sale the Buxton Point apartments to their clients. Buxton Point Affordable Housing is an award-winning development by GulfCap Real Estate located at the heart of Mombasa.
Currently Phase 2 of Buxton Point is on sale where we offer one, two and three bedroom apartments starting from of Sh2.9 million GulfCap Real Estate Head of Sales and Marketing Martin Kariuki said: “We are thrilled by this partnership as it will make it easy for clients to own houses at Buxton Point. This will go a long way in ensuring we fulfill our desire of making our affordable homes accessible to many Kenyans”.
KCB Relationship Manager Mortgages, and Property Sales Boniface Mutua said the bank is excited by the partnership as they will create opportunities for new homeowners who cannot afford to pay cash or the short term installments plan.
The bank is offering the mortgage plan in partnership with the Kenya Mortgage Refinance Company (KMRC).