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Property firm inks deal with lender to offer mortgages

Buxton currently ranks among Kenya's largest affordable housing projects consisting of 2,000 housing units. [iStockhoto]

GulfCap Real Estate has entered into a partnership with KCB Bank to offer mortgages to clients seeking to purchase apartments at their Sh6 billion Buxton project in Mombasa.

The partnership agreement was signed on Thursday at KCB's main branch in Nairobi and will see the bank offering the mortgage at a fixed rate of 9 per cent.

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