COMMENT | THE INDEPENDENT | For many Ugandan families, owning a home is the ultimate symbol of stability and progress. From first-time buyers in Kampala to families constructing homes in Wakiso, Mukono and across the country, mortgage financing has made property ownership more attainable than ever before. Yet in the …
Read More »ActionAid Uganda wants parliament to investigate cabinet resolution allowing investors to mortgage gov’t land
Kampala, Uganda | THE INDEPENDENT | ActionAid Uganda wants parliament to investigate the cabinet decision allowing investors to mortgage government land allocated to them for use to ensure that it conforms to the existing land laws. On September 22, 2020, the government issued a set of conditions that will be followed …
Read More »Businesses shouldn’t be stopped from mortgaging leased public land – Lawyer
Kampala, Uganda | THE INDEPENDENT | A senior lawyer has called on the government to revise its decision stopping persons who have taken on public land through leases from using it as mortgage to access bank loans. Philip Karugaba, the managing partner of law firm ENSafrica, said on Tuesday that …
Read More »A new shape for the mortgage industry
Ensuring affordable housing for citizens requires a radical overhaul involving mortgage refinancing COMMENT | JOHNSTONE OLTETIA | There are two essential parts to achieving affordable housing: building decent, low-cost homes, and developing housing finance market that enables low-income earners to buy those homes. For, without finance, almost no home …
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