Best Affordable Housing on Lagos Island
The first time I visited Lekki on Lagos Island, one thing that struck my mind was the luxury. The serenity and appealing sights were everything to be excited about. Instinctively, I was wondering if I was ever going to be able to afford an apartment in that part of Lagos. But I soon realised there […]
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Affordable Rent In Lagos; What Is The Future?
The cost of rent in Lagos shows how tightly packed the city is, making rent affordable is a challenge. There’s a real pull here! the numbers keep increasing with the goldmine of resources available in the state. So many people come looking for opportunities, and that’s understandable. But it does create a real challenge on how […]
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Rent Financing Vs Savings: How Can I Save More Money
Kevin always believed in having a plan. So he drew up a savings plan for his rent. But six months in, his landlord served him a 90% increase on his rent. Optimistic that he could still make it, he soon discovered that his best friends were getting married and part of his savings ended up […]
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Yearly vs Monthly Rent In Lagos! Which is the Best?
In our previous article, we began discussing the shift from yearly rent payments to embracing monthly rent payments as a viable option in the rental market. As landlords and tenants, it’s time to consider how this initiative could make life more sustainable and manageable for everyone. In this article, we will discuss what to consider […]
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Rent Payments In Nigeria: Break Free From Annual Fees”.
In Nigeria, we are all used to annual rent payments. Some landlords take up to two years rent upfront. This isn’t news but with the current economic instability, where everything costs more and the margin of affordability is shrinking. There have been rumors that the government intends to take action on the issue but nothing […]
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Are Rent Financing Companies The Big Change
The rise of fintech platforms has led to the creation of rent financing companies. While loans have always existed, this concept has been restructured to better meet people’s needs. The idea of loans paved the way for customized services, including installment-based payment systems. This is exactly what rent financing platforms offer us today. What makes […]
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Is Your Rent Too High; Try Rent Now Pay Later
Rent Now Pay Later According to a recent report confirmed by the state’s housing commissioner, Moruf Akinderu-Fatai, Lagos is largely dominated by renters. This trend is more out of necessity rather than affordability. Most Nigerians earn a monthly salary, but annual rent payments have a firmer hold in the rental market. This puts residents in […]
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Top 5 Best Neighbourhoods In Lagos Mainland To Explore Today
Omotayo Ajewole Lagos is a bustling city that houses diverse people from different works of life. The city is majorly divided into the mainland and the island. Most commercial establishments energise Lagos mainland. The most basic requirements that we all look out for when looking for an apartment are proximity to our workspaces, an affordable […]
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Renting vs Buying: Expert Tips To Choose Right (Part 2)
In our previous article, we began a discussion on the question: Is it better to rent or buy a house? We explored the details of what a renting package entails, the pros, and the cons. In this part, we will focus on the benefits of buying a property, the potential downsides, and key factors to […]
Read MoreRenting vs Buying A Property: 6 Hidden Pros and Cons
Omotayo Ajewole from Ule Homes The other day at the office, a lively debate broke out over lunch: is it better to rent a home or buy one? One colleague argued passionately that renting offered more flexibility, while another, who valued stability, countered that buying a home was a worthwhile investment. It was a fascinating […]
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