About Us
At Delta Homes Limited, we bring over 9 years of expertise in real estate development, having successfully delivered more than 400 housing units. We understand the challenges lower-income earners face in achieving homeownership, and we’re committed to providing solutions. To address these challenges, we introduced the Lipa-Rent-Pata-Nyumba program. This innovative program is designed to help individuals cultivate a savings habit that leads to homeownership. Through this program, individuals have the opportunity to transition from paying rent to gaining full home ownership, with flexible terms designed to accommodate even the lowest income brackets. Through this program, we are breaking down financial barriers and offering realistic, sustainable pathways to homeownership. The Lipa-Rent-Pata-Nyumba initiative is creating opportunities for thousands of aspiring homeowners across Kenya, making the dream of owning a home a tangible reality
Program Mission
The Lipa-Rent-Pata-Nyumba program is dedicated to empower individuals, especially those in lower-income brackets, by providing a sustainable and accessible pathway to homeownerhip. Through innovative rent-to-own solutions, we aim to break down financial barriers and foster a culture of saving, ensuring that every participant in our program can achieve the dream of owning a home.
Our Vision
To be a leading force in transforming homeownership for middle- and lower-income Kenyans by providing innovative, accessible solutions through structured savings plans and flexible rent-to-own options. Our vision is a future where every individual has the opportunity to own a home, fostering stable, thriving communities across Kenya and empowering generations to build a better future.
Our Target Market
a) Middle and Low-Income Earners: Individuals and families seeking affordable homeownership opportunities tailored to their financial situation.
b) Renters Transitioning to Ownership: Renters who aspire to own a home through flexible rent-to-own program.
c) Value-Conscious Buyers: Individuals with disposable income who are actively seeking competively priced housing options without compromising on quality
How Does Lipa-Nyumba-Pata Rent Work?
Joining the program is easy and open to everyone. Here’s how you can get started:
Register with Ksh 1,000
An interested individual must register to the program. This registration fee is non refundable.
Savings
Save a minimum of Ksh 50 per day for 12 months. You can save daily, weekly, monthly, or pay a in lump sum.
Payment can be done through:
- Mpesa Paybill
- Wire Transfer
- Cheques
What are benefits of staying in the program for 12 months?
Down Payment: Your savings will serve as a downpayment for a house of your choice in a completed or ongoing project.
KMRC Mortgage: If eligible, your monthly mortgage payment will be set to match your current rent, with a term of up to 25 years
Flexible Payment Plan: For those who prefer not to take a mortgage, we offer a flexible payment plan aligned with the project’s completion timeline
Promotional Housing Opportunities: You may qualify for special promotional housing offers drawn quarterly
Withdrawal Option: You can withdraw from the program and receive your savings back.
What are requirements to owning a house in:-
A completed project
Select your preferred unit
Pay the remaining balance in cash For those who qualify, process a KMRC mortgage using the title as security. Monthly mortgage payments will be structured to match your current rent, with a maximum payment period of 25 years.
Pay 30% of the purchase price upfront and settle the remaining balance through flexible rent payments over a period that suits your needs.
An Ongoing/Upcoming Project
Select a unit of your choice
Get a flexible payment plan that aligns with project completion
timeline
Faq
What type of houses are being constructed?
We are constructing a variety of houses, including apartments, maisonettes, and bungalows, with options ranging from studios to three-bedroom units
Where are the houses being constructed?
The houses are being built in major cities with active economic hubs, especially in areas where renting is common. Target cities include Nairobi, Nakuru, Mombasa, Kisumu, Meru, Embu, and similar locations We are constructing a variety of houses, including apartments, maisonettes, and bungalows, with options ranging from studios to three-bedroom units
What is the price range of the house?
The houses are pri ced between Ksh 700,000 and Ksh 900,000,depending on the type and size of the unit. This pricing is designed to be affordable and accessible to a wide range of buyers, particularly those in the low to middle-income brackets.
Can I withdraw from the investment once I’ve started?
Yes, you can withdraw from the program after 12 months of participationby providing a 7-day notice. Registration fee is non-refundable.
Will I earn any interest on the money invested?
No, you will not earn interest on your investment. However, investing with us comes with numerous benefits, including:
a) Access to house at cost
b) Opportunities to own a home through our rent-to-own program.
c) Entry into quarterly promotional draws, with a chance to win a house.
e) Access to KMRC mortgage
