It was a fanfare-filled event at the forecourt of the GHL Bank head office, as hundreds of Ghanaians trooped in for the final edition of the 2018 Housing Fair hosted by GHL Bank and MeQasa. Under the theme ‘It’s Good To Be Home’, the fair brought together dozens of housing developers, real estate, home supplies, appliances and other ancillary service providers.
Participants were treated to exciting seminars on housing-related topics like the laws surrounding land ownership and project planning toward home ownership by seasoned resource persons – Emmanuel Mate-Kole, Managing Partner of M&O Law Consult, and Karen Evans Halm, Architect and Co-founder of Spektra Global.
Mr. Mate-Kole advised participants to carry out due diligence when buying land, stating that land laws can be tricky and technical to the untrained mind. Most Ghanaians avoid getting legal counsel when purchasing land, due the perception that lawyers are expensive and somewhat unnecessary.
However, with the high rate of land litigation cases in the country, most land purchasers end up spending more money resolving land issues compared to the amount they would have paid if they hired legal counsel from the onset.
Ms. Evans-Halm also entreated attendees take a project management approach to home ownership, and to involve the expertise of architects and other building professionals in order to minimise costly house design errors. She gave tips on how to build your dream home by starting small and constructing your house in a way that makes it easy to expand when more funds become available.
Visitors to the fair also took part in raffle dips, spot-quizzes, and received free consultations from officials of the Lands Commission, as well as enjoying property discounts and other exciting activities for the entire family.
GHL Bank, formerly known as Ghana Home Loans, offers full universal banking solutions and has opened branches in Accra, Tema, Kumasi and Takoradi. The bank remains the largest home loan provider in Ghana, with over 50% market share of the mortgage industry. Its online banking and Wealth360 mobile app makes GHL Bank accessible to all, irrespective of location.