Whether you’re a first time buyer, buying another property, buying-to-let or wanting to build your own house; with a Barclays home loan you can have the home you want.

To get your Mortgage is pretty straightforward and we promise to assist you every step along the way. We also guarantee to inform you within 48 hours if your application was successful and to keep you updated throughout the whole process.

We also offer fully Shari’ah compliant mortgages.

Choose your mortage option

person opening a door

When you've found the one you want

A straight purchase

You’ve found a house you like, you want to buy it and we help you with a mortgage.

To get a mortgage follow these steps

To get a mortgage Infographic
What you get
  • Intended for anyone who wants to own a home
  • Repayment period of up to 25 years
  • Purchase the desired property anywhere in the country
  • Security charge over property
  • Maximum loan finance of 90%
Costs Percentage of mortgage amount (approximate)
Transfer stamp duty 4% of home value / 2% for upcountry
Stamp duty on charge 0.1%
Negotiation fees 1% to 2%
Legal fees 1.2%
Fire insurance 0.125%
Home loan protection cover 0.3%
Valuation fees 0.25% of value of property
Insurance and protection costs are annual
kid with building blocks

If you can dream it we can help you build it

Construction loans

You want to buy land to build on or already have land to build on? We can help you build your dream home.

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What you get
  • Get up to 100% of the construction costs if plot is already owned
  • Get up to 80% for buying and building – Maximum 20 year payback period
  • Construction loans are disbursed in four phases, 25% of the loan at a time, subject to architect’s certificate and relationship manager report
  • Building plans must be approved
  • Bill of Quantities (BQs) must be drawn by independent, qualified Quantity Surveyor
  • Fixed price contract for amount above KES10m
  • Construction site must be urban property intended for residential use
  • Both pre- and post-construction valuation fees are applicable
  • Stage valuations are done throughout the construction process
  • 9 month moratorium during construction after which repayment starts
  • Interest gets paid only on the drawn amount
Costs Percentage of mortgage amount (approximate)
Transfer stamp duty 4% of home value / 2% for upcountry
Stamp duty on charge 0.1%
Negotiation fees 1% to 2%
Legal fees 1.2%
Fire insurance 0.125%
Home loan protection cover 0.3%
Valuation fees 0.25% of value of property

There are also costs involved for onsite visits that are variable depending on the location of your property.

Insurance and protection costs are annual.

family and moving house

Get the most out of your property

Equity Release Loan

A mortgage that lets you tap into the value of your property and utilising it as a cash loan

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What you get
  • Get up to 80% of the value of your property in cash
  • Repayment period is 15 years
  • Value of property needs to be more than KES2m (Nairobi) and KES1.5m (up country)
  • Finance: up to 80% of property value
  • Security: charge over property
  • Valuation fees: 0.25% of property value
Costs Percentage of mortgage amount (approximate)
Transfer stamp duty 4% of home value / 2% for upcountry
Stamp duty on charge 0.1%
Negotiation fees 1% to 2%
Legal fees 1.2%
Fire insurance 0.125%
Home loan protection cover 0.3%
Valuation fees 0.25% of value of property
Insurance and protection costs are annual.

Buying for investment

Buy-To-Let

Build a property investment portfolio for yourself by purchasing property that you let

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What you get
  • Intended only for Premier Banking clients who wish to build a portfolio of property investments
  • Loan to the value of 70%
  • Purchase up to six properties
  • Finance available for single family occupant houses only
  • 12 month rental lease must be signed upon purchase
  • No moratorium is available
Costs Percentage of mortgage amount (approximate)
Transfer stamp duty 4% of home value / 2% for upcountry
Stamp duty on charge 0.1%
Negotiation fees 1% to 2%
Legal fees 1.2%
Fire insurance 0.125%
Home loan protection cover 0.3%
Valuation fees 0.25% of value of property
Stamp duty 4% or 2% depending on the location
hand holding a small house

You can have another mortgage with us too

Re-mortgage

When you have mortage with another financial institution you can transfer it to Barclays and benefit from our wide range of product offerings and services

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What you get
  • Value of property: more than KES2m (Nairobi) and KES1.5m (up country)
  • Interest Rate: 14% on reducing balance
  • Deposit: 0%
  • Tenure: up to 25 years depending on retirement age
  • Security: discharge and charge over property
Costs Percentage of mortgage amount (approximate)
Stamp duty on charge 0.25%
Negotiation fees 1% to 2%
Legal fees 1.25%
Fire Insurance 0.15%
Home Loan Protection Cover 0.3%

Need more help?

Call:

Tel: +254 (20) 3900000
Cell: +254 (722) 130120
Cell: +254 (732) 130120

Email:

barclays.kenya@barclays.com

Ask an expert