Category: Housing

Outright purchase vs Mortgage
A personal mortgage enables people  who want to buy or build their dream home and pay back their loan over a long term. To help you achieve this important life ambition most financial institutions in Ghana, offer various home loan solutions to thier  customers. A mortgage is basically a loan from a financial institution secured with property collateral. More
Scrap the Rent Tax and Maintain the Real Estate Sales Tax
After over 3 decades of policy vacuum, characterized by piece-meal attempts to recognize housing in some policy documents by succeeding Governments, a new National Housing Policy was promulgated in 2015. This article argues that the 8% existing Rent Tax should be scrapp... More
Is there a Role for REITs in Developing the Real Estate Investment Market in Ghana?
The real estate investment and finance markets in most developing countries are generally undeveloped, and Ghana is no exception. Housing for instance is usually financed by individuals and households using “sweat equity” over a period of time, often between... More
UNDERSTANDING MORTGAGES: WHAT YOU NEED TO KNOW!
A mortgage is basically a loan from a financial institution secured with property collateral. House prices are often very expensive, hence prompting the need for people to go in for mortgage loans. Mortgage products vary from Home & Land purchase to Home Improvemen... More