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BUSINESS NEWS - A significant milestone has been achieved in the eagerly awaited Mountain View First Home Finance subsidised new property development in Mossel Bay, as the first buyers prepare to take transfer, move into their new homes and receive their title deeds.

This development marks an opportunity for first-time buyers to make their dream of homeownership a reality, with substantial savings.

Assistance is being provided by local Mossel Bay attorneys Fiona Williamson and Rauch Gertenbach.

Rauch Gertenbach will assist with the registration of many home loans. MDW INC will attend to the registrations in the deeds office.

All transfer and bond registration fees are included in the sales price, ensuring a hassle-free experience for buyers.

The first phase of the development has been completely sold out, and buyers with approved home loans are now called upon to sign their transfer and bond documents.

First-time buyers, especially, stand to benefit from substantial savings as they apply for lower home loans, thanks to the deduction of their First Home Finance subsidies.

"As an example, a buyer who earns R15 000 per month can reduce the purchase price by nearly R86 000, resulting in a home loan repayment and saving of close to R970 per month. Over a 20-year home loan repayment, the saving is close to R233 600," says Verna Pugin, who heads the home loan application service for the development.

Interested buyers who are pre-qualified by the MDW INC sales team can arrange a viewing of the two-bedroom units being sold for R429 000, less the subsidy amount.

To sign up to check if you can qualify, visit www.mountainviewmosselbay.co.za/sign-up/.

The development extends beyond mere housing, but a chance for individuals and families to establish roots and build futures in a vibrant and growing community.

With the anticipation and excitement building as the first buyers get ready to move in, Mossel Bay eagerly embraces the beginning of a new chapter in housing. This milestone not only accommodates about 1 100 new residents, but also supplements about 2 900 Mossel Bay residents who have already benefited from the free housing initiative within this development.

For more information, visit the Mountain View website: www.mountainviewmosselbay.co.za

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