Manyonge Wanyama Associates & Advocates

Manyonge Wanyama Associates & Advocates We are a boutique training and consultancy firm in the heart of the green city in the sun, Nairobi,

24/02/2016

If a customer takes a loan from the bank on the security of land and the bank later approves further advances on the mistaken belief that the advances are secured by the charge, the repayments from the customer are legally treated as being payment towards the original loan facility which when completed, the customer is entitled to redeem his property. At this point, the further advances are treated as unsecured- PMO

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Wood Avenue
Nairobi
00100

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