Kenya: House Builder Offers Pay-Rent-to-Buy Deal

10 April 2013

A house builder in Nairobi is dangling a tempting deal for prospective home buyers with a "pay-rent-to-buy" offer, a novel concept in the homes market.

The deal appeals to both first-time home buyers and buy-to-let investors, who will have up to 24 months to pay the the deposit in monthly instalments or the full amount for cash buyers.

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