AT LAST - AFFORDABLE SHALLCROSS HOMES
Category Residential Property News
First-time buyers or even those downsizing will be thrilled with the arrival to market of 34 freehold homes in Shallcross! Prices are from an affordable R699,000 to R899,000, and if you're eligible, government subsidies apply. Wakefields Real Estate in Chatsworth can't wait to tell you all about these homes!
An affordable, brand-new home - this is just what the Chatsworth/Shallcross community has been waiting for! Well positioned near shopping centres, schools and the freeways, it's the ideal position for newcomers to the property market. The developers are well recognised in the area and with their proven track record, you can rest assured, you'll be in professional hands throughout the exciting buying-building process.
Wakefields Real Estate in Chatsworth are the highly experienced sole agents, and they know the ins and outs of this so-called Plot 'n' Plan project - they're ready right now to walk and talk you through the finer details of the land, the choice of house design, and the time-line. When you've met with their dedicated sales consultants, you will feel 100 percent confident that you'll get precisely what you expected.
And the really good news is, that, for first-time homeowners in a specific income bracket, government subsidies apply. The Department of Human Settlements provides what is known as a Finance-Linked Individual Subsidy Programme (FLISP) subsidy to those whose income falls between R3 501 and R22 000 - the subsidy you'll receive ranges from R121 626 to R27 960. The less you earn, the higher your subsidy.
The subsidy can be used as a deposit to assist buyers to qualify for a home loan and help to secure a better interest rate on your home loan. It can also be used to pay for transfer and bond costs.
Bond originators, ooba, will guide you through the application process. The criteria applicable is that you must be South African, are a first-time homeowner, are married or single with a dependent, that you've haven't received a subsidy from the Human Settlement Department before, and that your income falls into the prescribed amount.
Affordability - that's what Shallcross needs today, and this Plot 'n' Plan scheme gives first time home owners a step on to the property ladder.
The scheme consists of 34 pieces of land over four different roads, so you can choose in which road you'd like to live, and whether you want or are able to build a two or three bedroomed home (land sizes differ). The developers have matched various house designs to the different sized plots, so you choose your plot and home according to your budget and needs.
The land sizes vary between 393 square metres and 802 square metres, and the homes between 60 and 80 square metres.
Each home will be handed over fully constructed, with no frills or detailing. Wakefields will show you precisely what your home will include, and thereafter, it'll be up to you to install the details like your own cupboards, tiles, carport, whatever you choose, when you choose.
If you're ready for your first home, Wakefields has the key to your door. Armed with all the information you'll need, they're waiting to show you the land, the plans, the future.
Your new life is about to begin!
Author: Anne Schauffer
