An innovation that aims at finding a solution to the country's growing housing deficit had been launched by a real estate company, Mixta Africa.
According to the firm, the aim of the initiative is to reduce the financial pressure of the home-buying process for customers through a rent-to-own process.
In a statement, the firm said that the solution termed the ‘Rent-To-Own’ scheme offers flexible and accessible opportunities to live in one of Mixta Africa’s upscale, beautiful, and serene communities on a lease while working towards the option of outright purchase and complete ownership at the end of a fixed three-year period.
"It catered to the middle-income segments of the housing industry, focusing primarily on working families in Lagos", the statement said.
Rolake Akinkugbe-Filani the Chief Commercial Officer, said, speaking on the new initiative by the company said, “The scheme is designed to ease the financial stress attributed to the process of home-buying for potential customers and leverages the experiences of other payment schemes in Lagos to provide a superior solution.
“This new scheme makes a considerable proportion of Mixta Africa’s more affordable real estate holdings available to willing customers.”
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