President William Ruto has announced plans to exempt first-time home buyers from paying stamp duty to all in a bid to ease house ownership costs among workers battling the rising cost of living amid largely stagnant pay. Dr. Ruto said his administration would seek to strike a revenue balance by removing stamp duty for first-time homeowners and raising compliance for other...
or Financing has remained to be the major challenge for potential homeowners however this could change.Apart from the common cash method, there are various ways you can finance your home. These include the following; Bank financing Bank financing is the most common type of financing for a house. In Kenya, different banks lend money to potential homebuyers. However, the percentage rate varies from...
The debt snowball method is one of several strategies you can use to reduce and eventually eliminate your debt. It works by focusing on paying off the smallest amount of debt first, then the next highest amount, and so on until you reach the maximum amount of debt. This method was popularized by personal finance guru, Dave Ramsey. How does the snowball Method work? This method creates a snowball...
A sewing machine is an essential item in a modern household. Before buying one it is important to understand your specific needs such as the type of washing machine, the energy efficiency, the durability, cost, and more. Type There are two types of washing machines Front-load Front-loaders remove tougher stains more easily. Additionally, they use less water and energy even when...
An offer letter is the first document you’ll sign as a client intending to buy a property after you have viewed the property and chosen a house number. It contains the terms of the purchase, the purchase price, and the deposit or the down payment. Details of an offer letter The Legal names of the buyer The address of the buyer The details of the property the house number and the...
A decluttered house will not only bring peace and calm to your space, it will also save you time. Here are 6 easy ways to start; 1. Allocate decluttering time Think about the day and time you would like to declutter every day. If you’re new to decluttering, you can slowly build this habit with just 10 -20 minutes a day. 2. Donate clothes you never wear – Give away clothes and...
Ardhisasa is an online platform that allows Citizens, other stakeholders, and interested parties to interact with land information held and processes undertaken by Government. The system will be used to monitor and control land use, as well as to collect revenue from land transactions. How to register It is very easy to sign up for this platform. You can register either as an individual or...
Step 1: Site visit The first step of buying a house is visiting the property along Kangundo road. A site visit will help you determine the following; The neighborhood The distance from the amenities The security The finishing of the house The size of the house Step 2: Title Search After viewing the site and liking the houses the next step is choosing a house and then...
Did you know that giving your house an expensive look has nothing to do with how much money you spend? Well, you're about to find out. Here are 10 inexpensive ways to make your house look high-end. Hang curtains high For a high-end look, the curtains should be higher than the windows and run down to the floor. This visually lengthens the windows making the ceiling seem higher and the...
One of the most significant spaces in your house is the bedroom. Having a comfortable location to relax and refresh is essential given a busy schedule filled with duties to work and family. Here are some creative and inexpensive ideas on how you can decorate your bedroom; Design a Monochromatic Room a monochromatic room is where one color is used but different shades and textures are...