Will Britam take over mortgage firm Housing Finance?

It is virtually every Kenyan’s dream to own a home. But the reality is that very few of us are likely to be able to save enough to pay for one in cash. The most likely fall-back plan? A mortgage.

But big changes are afoot in the industry. A few weeks ago, Equity Bank announced plans to sell its shareholding in Housing Finance (HF) to financial services group Britam.