Italconstruct International partnered with Stanbic Bank in the launch of their Diaspora Mortgage product, specially designed for Ghanaians living abroad.
The new product, the first of its kind, offers lower interest rates, greater flexibility, and a safer and secure investment opportunity as well as a more cost effective means of keeping up with mortgage repayments.
Speaking at the launch in London Ms Anna Owusu-Sekyere, Home Loans Officer at Stanbic, said the product had been designed after a careful study of other products on the market.
She said the Stanbic Diaspora Mortgage could be used for home completion, building of a new home, equity release and for buy-to-let purposes. She further stated that the product has no cap on how much an individual can borrow provided their income can support the repayment schedule. The product can be tailored to meet individual circumstances with the possibility of the bank providing up to 90% mortgage in some cases.
Also because of the problems most Ghanaians abroad go through in getting qualified and certified contractors to build their homes, “Stanbic works closely with accredited contractors and architects to undertake the building projects ensuring a complete and total peace of mind for our customers.” Anna added.
Miss Sandra Akambasi ( sales & marketing manager for Ital construct had the opportunity at the diaspora mortgage launch in the UK to talk about their 100 executive 3 bedrooms which are already built and the benefits in acquiring one of those houses. She spoke about their technology as well.
Italconstruct is proud to be associated with the launch of this product.