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Wednesday, September 28, 2022

Alpha Mead Seeks to Lower Barrier to Homeownership with Single Digit Mortgage Webinar

In the quest to support more middle-income Nigerians to access homes at affordable and flexible rates, Nigeria’s first and only Real Estate developer certified to international standards (ISO 9001:2015), Alpha Mead Development Company (AMDC) will be hosting the top echelon of the Nigerian housing finance sector at the second edition of its quarterly customer engagement forum – The Market Focus Series.

The forum “is designed to bring experts in the housing finance industry and middle-income Nigerians together in a knowledge-sharing environment; where people can have ample information about the various homeownership options available to them”, said Olusesan Ogunyooye, Head, Marketing & Corporate Communications, Alpha Mead Group. 

According to him: “from our position as a leading developer, has become clearer over the years that another major factor widening the nation’s housing gap is information

“People just think it is difficult to own a home in Nigeria. While we are not trivializing the realities of home ownership in Nigeria, we are convinced that there are options that a lot of people, particularly middle-income Nigerians, are not aware of. They just think that the only way to own a home is to have huge cash in the bank or secure mortgage as high-interest rates. These are truly ways to own homes today, but they are not the only ways”.

“So, these webinar series are designed to bring the public face-to-face with public and private sector professionals to debunk the myths around home ownership in Nigeria. As an organisation that cares for its stakeholders, we take this role of creating a forum among all key members of the home ownership value chain in Nigeria very seriously; and that is why we are putting a lot of effort and investment behind these series”, he explained.  

Ogunyooye noted that the company decided to focus on mortgage during the edition of the webinar because finance is a major impediment for most middle-income Nigerians trying to get on the property ladder. 

He explained that participants at the webinar will be learning about different low-interest financing options, housing products that can invest in immediately and can seek clarification from the experts about any area of interest to them.

The webinar is for middle-income individuals trying to own a home, groups or cooperative societies interested in investing in Real Estate or securing affordable housing options for their members, corporate organizations and Nigerians in the diaspora.

Source: Proshare

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