Frequently Asked Questions

Rent-to-Own s a very popular term, it was one of the flagship housing scheme of Lagos Homes, created then for Lagos State Government workers, with the goal of easing home ownership. It is a scheme where home buyers can make a down payment and move into a particular housing, then repay over a long duration, mostly repayment is annually i.e. just like when they are paying rent.

There are several Federal and State Government Rent-to-Own schemes in Nigeria, and some private mortgage banks also offer Rent-to-Own services too.

Off-plan is a trending real estate term for projects that are still in development phase, that is they are not fully completed yet. Ugh? why pay for a house that’s not fully completed?, because some of the prime locations here e.g. Lekki, Lagos Mainland, Abuja, Banana Island, Ikoyi etc that’s the only way you can buy and spread payment.

Oh! in addition, during development stage, particularly early development phase, these houses are sold cheaper and below actual market price, so you buy cheaper and still get flexible payment spread.

For our house installment plans, no age, financial or employment requirement is needed, payment schedule and breakdown are setup based on your capacity.

However, mortgage plans require you to pass an eligibility pre-qualification before you’re eligible for a long-term payment plan and mortgage financing.

Move-in or physical possession depends on the route you’re taking, see the move-in conditions below.

  1. Buying a house with installment: this varies based on the estate location, different estates offer different conditions for physical possession, some 50%, some at 70% while some at full 100% payment.
  2. Buying a house with mortgage: move-in is on equity payment, usually 20% to 30% of the property value, except on special cases when you’re based abroad.

We have ready-built houses, mostly here in Lagos, installment usually doesn’t exceed 12 months for ready-built units, while for our Offplan, delivery and completion of the project are usually 6 to 12 months, depending on the stage of the project when you bought.

Another alternative is to apply for mortgage financing for these ready-built houses, but that would require you to be eligible and meeting the mortgage requirement, you can also apply if you’re a Nigerian based abroad.

Yes, if you don’t want to wait for us to build, but will prefer an already built bungalow or duplex in and around Lagos, Ibadan, Abuja, Enugu and Ogun state, with spread payment plans.

Our house installment scheme covers that, you can pick from the affordable outskirts or the classy highbrows. Kindly note that this house installment applies at specified estates only, only properties within eligible locations can only be bought on installment.
See the houses and locations you can buy in installments.

Payment plans are based on location, so the location you choose, determine how long you’re eligible to spread, most duration for the highbrow are 12 to 18 months, while 30 to 36 months are available at the emerging cities.

60 months are also available for Off-plan projects in few locations in Lagos and Abuja, so what you can afford simply determines where you buy.

Outright purchase always comes with a discount or special incentive. It is ideal for investors.

A lot of our projects sell below market value at outright.

We have offplan projects with specified delivery dates, your payment doesn’t slow down delivery for these projects, you only lose your allocated units if you don’t meet up your payment spread.

However, if we’re building on your land, definitely default in the payment agreement will affect the delivery of your project.

You can enjoy our property construction scheme, either as an individual, staff cooperative member or an organisation without buying land, the cost will be land inclusive (this applies only if you’re building in one of our estates).

However, if you have land already, you can also develop your land or complete your ongoing project with installment payment plans.

No, we don’t, it’s not part of our services for now, we don’t finance building projects and we don’t finance house purchase.

We only setup payment plans for you to afford the house you want.

Yes, our property development scheme has now been extended to all parts of Nigeria, either it’s the East (Imo, Enugu, Portharcourt), the West (Ibadan, Ilorin, Abeokuta) or the North (Abuja, Kano, Kaduna) etc. We develop or complete your building project with payment plan, kindly read our FAQs in full to understand our terms and conditions.

Furthermore, we also develop for staff cooperatives who have acquired large acres of land, we build and develop this land for their members, while paying at their pace.

Read full details of our offer for cooperatives

Yes, either the project was started by us or a different developer, we can assess and analyze it (drawings will be required) and take it up to completion, with installment payment plans also.

Terms and conditions are the same with if we’re starting the project afresh. Therefore, you can subscribe for a shell structure only, while as you earn more upgrade into adding finishing and accessories, which will still be covered by same installment plans.

Discounts are always offered on all outright purchases of our properties, discount can be as high as 20%. If you’re spreading payment for a house, you also get a discount if you pay up before the initial stipulated payment duration.

In additon, project prices can be negotiated when high volumes of houses are involved especially from staff cooperatives, unions and large organisations, we are flexible and can always strike a bargain with you.

We are a certified real estate and construction company, certified by the Nigeria Corporate Affairs Commission (CAC) with reg no. 838962.

We have some couple of estates we’re developing, owned, managed and developed by us. Some are already built-up estates where people are residing already, while we also have a gradually developing site for average Nigerians who might be looking for a property to start small with.

Nevertheless, all our estates are registered and verifiable from their state’s ministry of land to verify ownership and title.


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