This Four Part Knowledge Series on Mortgages is based on a recent Twitter Mortgage Thread. You can comment on it and interact with me in Real Time Here. Part A. Unsustainability of a Mortgage: a) Unreasonable Terms: Under our interest rates regime and volatile market, the question, “Should i take a mortgage?”, “Is up there with, […]
By definition, a verb is an action word. It brings the sense of unfolding series of steps. I would like to borrow this language and relate it to housing. All the conversation around home ownership has primarily been around buying a fixed product. A House (A Noun). With no action expected on the part of the […]
In keeping with our value proposition of providing affordable housing solutions, we are pleased to introduce The African Courtyard House designed and conceptualized by a team of designers led by Glenn Wilson Boerstler and Ujenzibora Investment Ltd. In the year 2013, we set out on a journey to create a series of affordable housing solutions to be […]
According to a recent survey by Kenya Bankers Association, those who could afford a mortgage are only 2.4% of the total population and 11% of the urban population. This is the case with an average mortgage loan size of Ksh.4.0million. What does the law day about self-build? The National Construction Authority Act 2011 provides in […]
It was Archimedes that said, “”Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” We have clearly identified in previous posts the pressing needs of our time in providing affordable housing and accommodation. However, in order for us to make a dent on the issue of housing deficit, […]
Ujenzibora Seeks to provide a series of bespoke housing solutions that are highly customizable, affordable and technologically sound for first time home owners. We offer our clients a one stop hustle free Lab where they can come and find lasting solutions and achieve their goals. We have already designed and built some of the concept […]
When it comes to building a house, the solutions are not as straight forward as one would presume. I have known this for a fact by the kind of questions i receive from attending to issues raised on this website. Here is a pointer to 5 Options that private individuals have for owning a house: 1. […]
httpss://twitter.com/UjenziBora/status/820971727849160705 It is always better to keep the building project within your financial expectations without compromising its integrity. This article is not about building a “cheap building” but Management of Costs irrespective of the size or budget of the project. The beauty of managing costs is that resources are not wasted and whatever is left […]
Contractor vs. Owner On March 22nd 2012 the Daily Nation carried an interesting case of Contractor Vs. Owner where the National Social Security Fund (NSSF) lost 830 million shillings. Kenyans never seem to learn from our past mistakes! In one case, the fund paid Sh342 million to Ugandan businessman James Isabirye of Mugoya construction Company […]