Modupe Gbadeyanka
By Modupe Gbadeyanka
Some individuals, families, and business owners were recently empowered with the needed tools to own their dream homes and properties at the Home Ownership Summit organised by Stanbic IBTC Bank.
The subsidiary of Stanbic IBTC Holdings Plc put the event together to champion the actualization of home ownership dreams and property wealth creation for Nigerians.
The programme provided an opportunity for the foremost financial institution in the country to engage with potential homeowners and key industry decision-makers.
This was because the company used the occasion to introduce to the participants its home loan solutions tailored to suit the diverse needs and financial capacities of attendees, who were enlightened on the various benefits and flexible repayment options the bank offers.
The Permanent Secretary in the Lagos State Ministry of Housing, Mr Abdulhafiz Gbolahan Toriola, who gave the keynote address, provided a comprehensive overview and critical insights on building wealth through home ownership.
This was complemented by engaging panel discussions covering various topics crucial for real estate stakeholders, as experts delved into mortgage financing complexities, offered guidance on navigating the home buying process, and provided insights on property valuation.
The chief executive of Stanbic IBTC Bank, Mr Wole Adeniyi, underscored the significance of home ownership as a cornerstone of financial stability and wealth creation, stressing the lender’s commitment to facilitating access to home ownership without undue financial strain.
“As access to affordable housing remains a pressing issue, our Home Loan solution offers hope. With competitive interest rates, flexible equity contribution, and personalized guidance, our Bank aims to bridge the gap and make home ownership attainable for our stakeholders,” he stated.
Business Post gathered that the Home Ownership Summit garnered a diverse audience, including real estate enthusiasts, investors, and industry experts.
The event covered real estate investment intricacies, financing options, and emerging market trends, offering invaluable insights to attendees.
Other areas covered by the panellists at the summit included steps to take to protect wealth and prevent losses in real estate through insurance. Creating a legacy and passing on wealth from one generation to another through wills and trusts was also discussed. The offerings are all catered to by the Stanbic IBTC group.
Stanbic IBTC Bank offers multiple options to support Nigerians in realizing their home ownership dreams. These include easy access, flexible repayment terms of up to 20 years, expert guidance from a team of property specialists, and joint mortgage options with one‘s spouse.
