Ghana Home Loans launch product for UK Resident Ghanaians

Ghana Home Loans, the mortgage specialists, has launched a series of products to enable UK-based Ghanaians to acquire land, buy property, or undertake construction of residential homes in Ghana.

The long-term loan products are denominated in pound sterling and allow eligible Ghanaians to conveniently make monthly mortgage repayments via direct debits to a UK domiciled bank account.

Announcing the launch of these products, Kojo Addo-Kufuor, Chief Operating Officer at Ghana Home Loans, observed that there are currently a lot of exciting opportunities to acquire property in Ghana.

He added that interested UK-based applicants could acquire land and build their dream homes using the newly announced loan products. Such an approach would enable the individual to develop a property within their budget and built to their specification.

The alternative is for interested applicants to make an outright purchase of an existing property using the new sterling mortgage product. This could be property within a gated compound being sold by an estate developer or a private individual selling their asset.

Furthermore, Ghana Home Loans is also able to finance the completion of partially built homes and upgrade existing homes that need improvement.

Mr. Addo-Kufuor stated that Ghana Home Loans offers more than mortgage financing. “I would like our clients to think of GHL as a transaction partner who looks out for their best interest. As industry experts, we assist with the searches, legal opinion, property valuation, due diligence, and even help transfer title into the buyer’s name after the loan has been disbursed”.

He added that for a non-resident property buyer this service is invaluable and provides the peace of mind that they need.

Mr Addo-Kufuor said that Ghana Home Loans is excited to be able to offer this unique product to Ghanaians in the UK, one of the most established Ghanaian communities outside the country