19 Jun How to Get Free Government Money for a House
We all know the saying “home is where the heart is.” At FirstStep Housing, your first home is where our heart is. Buying your first property is life-changing, and we are here to help you successfully navigate First Home Finance (FHF), previously known as FLISP. Our goal is to make your journey to becoming a homeowner a memorable and stress-free one. Are you wondering how to get free government money for a house?
Is FLISP For Me?
When considering the history of FLISP, it’s clear that the programme has evolved to meet the needs of first-time homebuyers. A few years after its launch, it was streamlined to further improve accessibility, making it easier for qualifying South Africans to apply and benefit from the subsidy. Now, more South Africans in the “gap market” can pursue their dream of owning property, and you can, too. This is what you need to qualify:
- Gross household income between R3,500 and R22,000 per month.
- You are a South African resident or have a permanent residency permit
- You are over the age of 18
- You are married/cohabiting or single with dependents
- You have never received a government housing subsidy before
- You have never owned fixed residential property before
If you meet the above criteria, FLISP could be your path to first-time homeownership. We know how to get free Government money for a house, and can check if you qualify. APPLY NOW and let FirstStep Housing assist you with your subsidy application and all the steps that follow.
What We Require from You
Our FirstStep Housing team are here to handle the First Home Finance process smoothly and effectively on your behalf. Relax today and look forward to tomorrow, knowing you are in capable hands. The subsidy amount you can expect will depend on your income – refer to this FHF pamphlet’s sliding scale, which determines the subsidy provided for different income brackets.
Please be ready to provide us with the following information and documents. These are used for your FLISP/FHF application and the processes that follow:
- The Offer to Purchase/Sale Agreement and details of the property you intend to buy
- The identity documents (IDS) of prospective buyers
- The three latest payslips of prospective buyers
- Birth certificates for minor dependents within your household
- Marriage certificate, if applicable
- Divorce order and settlement agreement, if applicable
Owning your home is a realistic achievement, especially if you know how to get free Government money for a house. This money does not have to be paid back; it is yours to use towards buying a home for you and your family. There are different finance options you can utilise, from your cash savings to a pension-backed loan. If you qualify for a subsidy amount that covers the property purchase in full, it can also be used towards transfer costs and registration costs.
For more on the subject, read about government subsidy housing: a guide for first-timers. Let FirstStep Housing help you get a housing subsidy!