Financial services

 

Absa home loans campaign

We have joined forces with one of South Africa's leading Financial Services Groups, Absa, to make your new home one that is connected to your world. Our partnership means that by simply taking out a new home loan between 24 October 2011 and 30 April 2012, you can choose from a range of free devices. You will also benefit from discounted bond registration fees. Soon, you could be sitting in your new home, browsing the Internet on your free tablet while you chat on your new smartphone.

 

Why should I use this service?

  • Get free devices like tablets and smartphones, as well as starter packs to get you going
  • Get a 50% discount on the bond registration fees, provided you use the Absa panel attorneys for bond registration and transfer*
  • Absa’s home loan products and services are designed to compliment your specific needs. We recognise your preference for accessible, simpler and more rewarding financing solutions that help achieve your home ownership aspirations

 

* The discount does not apply in respect of administration costs, postage, petties, deeds office search, transfer duty costs.

 

Depending on the home loan you choose, you will get one of the following freebies

 

Category Home loan amount What you get from Vodacom
A R250K - 500K Choice of 1 device + starter pack
B R500K - 750K Choice of 1 device + starter pack
C R750K - R1m Choice of 1 device + starter pack or 2 devices + starter pack
D R1m - 1.5m Choice of 1 device + starter pack or 2 devices + starter pack
E R1.5m >

Choice of 2 devices + 2 starter pack or 3 devices and starter pack

or device + starter pack or tablet + starter pack

 

Who can use it?

These great offers are available to all ABSA Home Loans applicants between 24 October 2011 and 30 April 2012.

 

How do I get this service?

Call 0860 111 007 to see if you qualify for a home loan and to apply.

Should you need more information on Absa home loans, visit www.absa.co.za.

 

How much does it cost?

There are no additional costs to the regular home loan fees.

 

Regular home loan fees include:

 

Expense Description
Deposit It is a down payment or partial payment made at the time of purchase.
The difference between the purchase price and deposit is the home loan amount.
Registration cost Includes attorney's fees for registering the home loan including stamp duty,
postage, conveyance fees and VAT.
Transfer fees

This fee is paid to the attorney processing the transfer of the property and

is calculated on a sliding scale based on the amount of the home loan.
Initiation fee A once-off fee charged by the bank in order to generate the home loan.
Service fee This is monthly fee charge on home loans for residential property.
Deeds Office fee Fees charged by the Deeds Office for registering the new ownership of the property.

 

 

Terms and conditions apply.

 
 
 

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