Post bottom line
- FLISP was a federal government programme one provides a great subsidy in order to very first-go out homeowners getting between R3,501 and you can R22,one hundred thousand thirty days.
- However, the homebuyer need certainly to very first be eligible for a mortgage and should be either married, cohabiting otherwise unmarried that have at least one dependant.
- Millennials and you can Gen Z is to seize that it possibility to move out of the rent pitfall.
To have basic-day homeowners, and particularly millennials exactly who anxiety are cme FLISP (Fund Connected Individual Subsidy Programme) produces obtaining a house an authentic candidate having lower-money earners. For people who earn anywhere between R3,501 and you will R22,one hundred thousand thirty days, your stand-to make use of it program.
About FLISP, and just how it truly does work given that an initial-go out homebuyer give
FLISP is actually a federal government subsidy, designed to help average to reduced-income earners. They in the first place simply provided for individuals who generated lower than R15,one hundred thousand 30 days, but due to the fact that number might have been raised so you can R22,one hundred thousand. Contained in this chronilogical age of rising house rates and cost regarding lifestyle, this is certainly a significant benefit getting earliest-date homeowners. Leggi tutto “First-time homebuyers give having Southern area Africans”