|
|
If you purchase
your home in Lilayi Phase 1 for cash – you automatically qualify
for a 7.5% cash discount on the listed purchase price! (This
excludes the 3 bedroom homes on the 400 sq. metre plots on which
there is no cash discount) This means that the cash purchase
price of your Lilayi home in Phase 1 is as follows:
|
TYPE |
|
2 BEDROOM |
3 BEDROOM |
3 BEDROOM |
|
HOUSE SIZE |
|
63 sqm |
97sqm |
97sqm |
|
LIST PRICE |
|
K
195,000,000 |
K
285,000,000 |
K
285,000,000 |
|
CASH PRICE |
|
K
180,375,000 |
K
263,625,000 |
K
285,000,000 |
|
PLOT SIZE |
|
300 sqm |
300 sqm |
400 sqm |
* Inclusive of
Verandahs
-
The total
purchase price set forth above together with related closing costs must be
deposited into your Stanbic HFA Savings Account prior to
signing the Contract of Sale and Development Agreement.
Please
click here to access the Affordability Guide which will set out
the total home price including closing costs.
-
On the
signing of these two agreements, the money will be transferred
into the trust account held by our conveyancing attorneys.
-
Our Zambian conveyancing attorney, Sharpe, Howard & Mwenye, will effect the
transfer of ownership of the plot you have acquired into your
name and register the associated mortgage. To read about our
Legal Practitioners or to contact them directly, go to
http://www.terralex.org/custom/directory/details.cfm?orgID=108393
-
On
completion of transfer 20% of the house down payment and all
related closing costs will be paid out by the Conveyancing
Attorneys.
-
Pursuant to
the Development Agreement, Lilayi Housing Estate will be
entitled to draw down on the remaining 80% of your funds from
the trust account on a phased basis as the house is constructed.
 (Please note
that all prices are subject to change prior to signing your
documentation at the sole discretion of the Lilayi Housing
Estate and that 12 months prepaid insurance and various
closing costs are payable over and above the amounts stated
above. Once you sign your contracts, prices will not change.
Closing costs and prepaid insurance vary depending on the
level of deposit you make. Please see the
affordability guide
for more information on these costs.)
Ø
Affordability Guide
Ø
Opening
your Stanbic Bank HFA Savings Account
|
