Flisp Subsidies now made easy

Flisp Subsidies now made easy

Government offers a subsidy application for first time home buyers. Few home buyers or estate agents assisting home buyers are aware that they can access a subsidy to assist them to buy a property.

The Finance Linked Individual Subsidy Programme (FLISP) funds are available, but yet only +/- 400 were approved in the Western Cape in 2017. This is a small number if one considers the number of property sales in the affordable housing market.

National and Provincial Government is unable to meet the rising demand to supply housing in the affordable market.

The Western Cape Provincial Minister of Human Settlements, Bonginkosi Madikizela, also expressed on more than one occasion that they want to steer away from the concept of free housing.

Whether you want to sell your residential property or buy a new real estate investment, a house or an apartment, your Property Angel is here to help you find your ideal home.

Property Angels – Attorney Realtor Partner

The solution vests in the correct application of existing government subsidies.

The quickest turn-around for a Flisp Subsidy approval, from lodgement, up to approval was 24 hours, says Verna Pugin who started a business a few years ago, to assist home buyers and estate agents process FLISP applications.

Home ownership in the affordable market, however, can be adequately enhanced and supported with existing available government subsidies like FLISP.

The programme is a subsidy linked to a financial package, hence the pre-approval of a home loan being an integral part of the FLISP application.

Many new home owners are unaware that they can:

Make use of FLISP to assist them to buy any type of property and that they are not restricted to a specific FLISP pre-approved property development, but can also buy a property from a private seller.

Utilise FLISP as a deposit to cover a shortfall of a home loan approved.

Use FLISP to reduce their home loan repayment and debt due to a lending institution and/or reduce their home loan term and save thousands of rands.

Apply retrospectively for a FLISP subsidy, even after they have become home owners (each Province has their own terms and conditions for such retrospective applications)

As home buyers, estate agents, mortgage originators are not properly informed about the application of FLISP, many opportunities to convert unsuccessful home loan applications goes awry, property sales are lost, as well as opportunities for home buyers to own their own homes

FLISP subsidy applications must be submitted in a well-structured administrative manner.

Including a uniform standard of policy terms and conditions must apply. Each province as well as each Department of Human Settlements and National Housing Finance Corporation (NHFC) has its own policy terms and conditions.

To support the administrative structures of the Department of Human Settlements and NHFC the FLISP service company has already taken the initiative to provide support and service and are already appointed by a leading financial institution to assist with these applications.

Author: Meyer de Waal

Did you know? Your own personal Attorney Realtor offers an all inclusive service, therefore you will receive legal advice, sales and purchase solutions, as well as the entire transfer process.

Get your real estate selling or buying process on the right track by contacting Property Angels today. Your professional local Attorney Realtor will then call you back within 24 hours.

At Property Angels we introduce home sellers and buyers to their own dedicated Attorney Realtor Partner.

Once your friendly Attorney Realtor has highlighted all your benefits, you will understand why an Attorney Realtor is the smartest way for you to sell or buy your property.


Property Angels is an online property website portal that promotes residential property for sale across South Africa. You can buy, sell, list and find South African properties online. Find houses for sale in Johannesburg, Cape Town and Durban which are the three biggest cities in South Africa.

Some of the top property companies online in South Africa are Private Property, Property 24, My Property, Property Fox, PropertyCoZa, Remax, Pam Golding, LeadHome, SA Hometraders, Gumtree and Property Angels.

Whilst most online property brands offer online visibility for Estate Agents South Africa, Property Angels offers online visibility for Attorney Realtor Agents South Africa.

Whether you have a property for sale or you are seeking a house to buy in the southern suburbs, Northern Suburbs, Eastern suburbs or Western suburbs, Property Angels is your best attorney realtor property website South Africa. Sell your property online with Property Angels and an Attorney Realtor will call you back today or the next business day.

Whether South Africa is in a buyer’s market or in a seller’s market, contact Property Angels today for quick and efficient online and face to face service.

List your house for sale with Property Angels. You can also find property to view, property selling tips and many other useful property and finance blog articles and property products that are bespoke to your needs. Buy and sell your private residential property through Property Angels. Allow Property Angels to become your chosen property website portal for your choice of homes to sell and homes to buy.

Find below the various provinces, towns and cities across South Africa from where you can sell property or buy property or list property for sale with Property Angels.

Property for sale Eastern Cape: Alice, Butterworth, East London, Graaf-Reinet, Grahamstown, King William’s Town, Mthatha, Port Elizabeth, Queenstown, Uitenhage, Zwelitsha

Property for sale Free State: Bethlehem, Bloemfontein, Jagersfontein, Kroonstad, Odendaalsrus, Parys, Phuthaditjhaba, Sasolburg, Virginia, Welkom

Property for sale Gauteng: Benoni, Boksburg, Brakpan, Carletonville, Germiston, Johannesburg, Krugersdorp, Pretoria, Randburg, Randfontein, Roodepoort, Soweto, Springs, Vanderbijlpark, Vereeniging

Property for sale Kwazulu Natal: Durban, Empangeni, Ladysmith, Newcastle, Pietermaritzburg, Pinetown, Ulundi, Umlazi,

Property for sale Limpopo: Giyani, Lebowakgomo, Musina, Phalaborwa, Polokwane, Seshego, Sibasa, Thabazimbi

Property for sale Mpumalanga: Emalahleni, Nelspruit, Secunda

Property for sale North West: Klerksdorp, Mahikeng, Mmabatho, Potchefstroom, Rustenburg

Property for sale Northern Cape: Kimberley, Kuruman, Port Nolloth

Property for sale Western Cape: Bellville, Cape Town, Constantia, George, Hopefield, Oudtshoorn, Paarl, Simon’s Town, Stellenbosch, Worcester.