Employer backed mortgage schemes

Unfriendly interest rates and a volatile market are some of the reasons many stay clear of mortgages. Some employers are, however, stepping in to negotiate better terms for their employees, and a question you could ask yourself today is; what can the company do for me? Writes PETER MUIRURI

For years, Peter lived with his family in Ongata Rongai on the outskirts of Nairobi. However, the father of four dreaded the daily commute to his place of work in the city centre due to the legendary traffic jam and insecurity issues associated with the area. His desire was to move to a location nearer to the city.