African Diaspora Home/Property Loan

 African Diaspora Home/Property Loan

Diaspora Home/Property Loan is designed for African individual in the Diaspora looking to purchase residential properties within the major cities in Africa.

This product is designed for individuals who want to purchase plots/ homes to build or live in. It is also designed for those who will like to invest in buy - to -let.

Who we are

We are a non-banking institution based in the UK offering these unmatched services to African Diasporas in the UK and other parts of the world outside Africa. We can also work with developers and contractors in Africa who will be in a position to hand over specific projects entirely to our company to manage.

What can we do for you as a Diaspora customer?

We have three projects in Ghana that are currently offering 60% home/property loans for 10 years. The products are:  FIXED INTEREST – 10%

• Three Bed Room Town Houses and Apartments with a general swimming pool going for $250,000 US dollars each (7) Available

• One Room Hostel Apartment for Investment Purposes. With guaranteed income of $1000,00 per month for 25 years. $80,000 .00

• Two – Bed Room House – After Care Home Investment with guaranteed income of  00 Per Day for 30 years - $120,000,00

Choose other projects

What is the process of applying for a Diaspora Home /Property Loan?

The first step towards applying for a property/home loan is to provide your income details to us i.e. net income, living expenses, rental or other income (if any).  We will then appraise you and advice on the loan amount that you would qualify for. This will then enable you to budget appropriately and look for a property that you can comfortably pay for.

Once you have identified a property, you will need to submit your full application to us for approval. On approval, we will give you an offer letter which you will; be required to accept by signing and returning the same to us within a stipulated time period.

Some of the documents we will need from you are:

EMPLOYED 

1. 
   Full Copy of African Country Passport and ID
   2. Valid Residence permit/ Work permit/ copy of the Foreign passport
   3. Copy of recent utility bill e.g. gas, power
   4. Introduction Letter from employer stating terms of employment, income & retirement age
   5. 3 months latest paystubs
   6. 6 month latest certified salary  Bank statements
   7. Draft Sales Agreement/ draft Offer letter
   8. Fill, date and sign loan application forms
   9. Fill in and return the net disposable form
   10. Fill in and return the insurance proposal form
   11. Credit Reference Bureau report from the country of residence

12 Letter from a Developers/Landlord in an African Country Offering the Property/Land

AFTER APPROVAL
• Valuation report – by client  from any of our approved valuers
• Original sale agreement
• A notarized copy of the marriage certificate or affidavit for applicants with joint names
• Witnessed and signed offer letter by a Notary Public

How can I access a property in Africa?

We work with a number of African Real Estate and Property Developers who are on our list. We register them daily through a vigorous process. Also one of the trusted ways that you can access a wide range of properties in and around Africa is through the various embassies in your country of residence.

This is a one-stop property shop that showcases a wide range of properties from various property suppliers in Africa, thus enabling customers to access and choose form our database.
In addition, Property Express Group also entered into strategic partnerships with suppliers of building and construction materials such as cement manufacturers, tiling, paint manufacturers, cabling etc. to make all these services accessible less than one roof at negotiated discounts. This is especially useful for those who are constructing and would like to enjoy bargains in their building and construction materials.

I already own a property and would like to borrow funds against it. How do I go about it?

This product is not yet available. We will consider it in 2020.

DISCLAIMER

Any person considering this potential investment opportunities featured here should make their own commercial assessment of an investment opportunity after seeking the advice of an appropriately authorised or regulated financial advisor. This  should not be construed as advice or a personal recommendation to any prospective investor.

The investments featured on this are only suitable for Restricted, Professional, High Net Worth or Sophisticated Investors. The information provided on this  is for information purposes only. The  content are not and should not be deemed to be an offer of or invitation to engage in any investment activity. The products available are carefully sourced for investors with some degree of investment knowledge and experience, who wish to take an active responsibility for their investment decisions rather than for investors who may prefer to leave those decisions to a Fund Manager. Please be aware that we are not authorised or regulated by the Financial Conduct Authority. We do not offer any financial advice in any guise and as such the Financial Ombudsman Service or the Financial Services Compensation Scheme covers none of the investment products we offer. The value of any investments can fluctuate and you may not get back the full amount you have invested. Do not invest unless you have carefully thought about whether you can afford to and whether it is right for you. It is highly recommended that you always seek professional advice before entering into any contract.