Ghana’s trustworthy investment banking outfit, Databank Group has explained that through consistency and professional help, it is easy for one to own their home of preference.
Sales Manager for the Databank Group, Emmanuel Akakpo-Aba expounding on the keys noted that the three keys to owning a house is to simply dream it, invest for it and finally owning a home.
In dreaming your home, one has to know the kind of property they want to own and specify if they want to build from scratch or simply purchase one. “In buying or building a home, you will have to look at mortgages and also consider the location of the building. In deciding to either build or buy, you have to invest in it.”
As maintained by Emmanuel Akakpo-Aba, investing for a home is the right choice for every person. “It is a critical component of owning a home and you have to plan for the years you want to see to the completion of the building.” With this decision arrived at, one will then be informed about the amount to invest monthly to reach their goal.
As a bank which exists to help the ordinary Ghanaian realize their dreams with ease, Databank has introduced the first of its kind home ownership investment account, “Databank Housing Account”.
The Databank Housing Account (DHA) is an investment product specially designed to help Ghanaians invest towards acquiring land or buying a house. Additionally, DHA offers a range of benefits including low fees, monetary rewards when you hit certain milestones and many other exciting rewards.
The sales manager sharing the requirements necessary to set up a DHA account said, “”with a minimum of Ghc500 you can open a DHA account and you must try as much as possible to contribute Ghc100 monthly and keep contributing consistently for at least 5 years to earn competitive interest for you to realize your dream.”
Perks that come with having a DHA account include periodic seminars with real estate companies and financial institutions on mortgages to educate account holders their products. Additionally, three investors stand the chance of receiving MFUND gift vouchers worth GHc1,500 payable into your DHA account.
Preliminary report from the Ghana Statistical Service on the 2021 Population and Housing Census (PHC) has revealed that about 2.1 million structures are metal containers, kiosks and structures.
This number represents twenty percent of the 10.7 million structures listed in the Population and Housing Census.
According to the report, “The 2021 PHC is the first time that data was collected on all structures regardless of use. Previous censuses only collected information on structures used for residential purposes. The 2010 PHC recorded 3.4 structures for residential use, which is 2.5 million less the 5.9 counted in 2021”.
