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There are several pathways to buying a house with a mortgage in Nigeria in 2025. The first option is the traditional bank mortgage which has a double digit interest rate starting at 28% while the second pathway is through the National Housing Fund which requires a subscription and operation of a NHF contribution account. The third pathway which has received much acceptance is the Ministry of Finance Real Estate Investment Fund (MREIF).

If you have ever wanted to know how to buy an off-plan property in Lagos, then kindly read this article for a step by step guide. This article describes what an off-plan property is, how you can find the suitable off-plan property, the benefits of buying off-plan properties and what to look out for before deciding to buy an off-plan property.

There is a laid down procedure to obtain a certificate of occupancy in Lagos. The procedure includes payment of fees, submission of documents and follow up on the process.

When you buy a property that already has a certificate of occupancy, then you would need to process or obtain the Governor’s Consent on the property.