Blog post summary
- FLISP are a government programme one to offers good subsidy so you can basic-time homeowners earning ranging from R3,501 and you will R22,100 30 days.
- However, brand new homebuyer need certainly to first qualify for a home loan and really should either be partnered, cohabiting otherwise single which have at least one dependent.
- Millennials and you will Gen Z is to grab it chance to get out of your book trap.
To possess very first-day homeowners, and particularly millennials which concern are cme FLISP (Money Linked Personal Subsidy Program) renders obtaining a house an authentic applicant for reasonable-income earners. For individuals who earn anywhere between R3,501 and you can R22,100 thirty days, your stand-to make use of this programme.
More and more FLISP, and exactly how it functions since a primary-date clickcashadvance.com/personal-loans-wa/riverside/ homebuyer offer
FLISP are a federal government subsidy, made to help typical to help you reduced-income earners. They in the first place simply taken to individuals who generated lower than R15,000 a month, however, while the you to definitely matter could have been increased to help you R22,100.