Loan advanced to purchase a piece of land.
Benefits
- Loan financing of up to 85% value of property with a repayment period of up to 24 months.
- Access to all other KCB banking products (e.g. Overdrafts, credit cards, current, savings and investment accounts)
Standard Requirements
- Proof of income
- Proof that you can meet the 20% financing and other related costs e.g. Stamp duty, lawyers fee, valuation report etc
Rates & Fees
- MORTGAGE COSTS (INTERNAL) - Appraisal fees – 1.5% of the loan amount, 1% for cash backed scheme.
- MORTGAGE COSTS (EXTERNAL) - Legal fees and Stamp duty; Valuation fees; Registration fees; Annual House owners Comprehensive Insurance- Fire and Mortgage Protection Insurance Covers and Purchaser to confirm that ground rent and council rates are paid up-to-date.
