Broker identifies niche in the mortgages market :: Mmegi Online

Experts have ascertained that now is the best time to invest in property. This is due to the prevailing low interest rates regime, which give borrowers an opportunity to lock in long term funding at a cheaper cost. The number of investments shows revived interest in property development continues to increase. BusinessWeek Correspondent KEIKANTSE LESEMELA sat down with Zaheer Bhoola, one of the founders of Botswana’s first independent mortgage brokers, Bond Brokers, to discuss the company’s operations and get insight into how a borrower can get the best mortgage deal in this cut throat market.

BusinessWeek: Give us background on your company and its services…

Bhoola: Bond Brokers is one of the first independent mortgage brokers in Botswana. We work independently with banks, estate agents and developers and focus on the client, to provide service from the loan application to process to the approval. Our personnel ensure that the client has access to comprehensive information on the various loan facilities on offer at the local banks. They also assess which package would be the suitable for each client’s personal financial circumstances.

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