For many South Africans, owning a home feels like a dream rather than a possibility. The Finance Linked Individual Subsidy Programme (FLISP) was created to change that—offering first-time buyers a government-backed subsidy to bridge the gap between aspiration and reality. Yet, despite its benefits, many potential homeowners struggle to navigate the application process and maximize their subsidy.
At Legacy Real Estate Group, we turn that complexity into clarity, guiding first-time buyers to make informed, strategic decisions that go beyond simply qualifying for FLISP.
FLISP by the Numbers
- Income range eligibility: R3,501 – R22,000 per month
- Average subsidy awarded: Approximately R87,000 – R120,000, depending on income and household size
- Property price range: Generally for homes costing up to R600,000 – R1,200,000 (depending on municipality and subsidy)
- Application success rate: While exact figures vary, first-time buyers who work with professional advisors like Legacy have a significantly higher approval rate than those navigating the system alone
These numbers highlight the potential impact of FLISP—but they also underscore the importance of strategic guidance.
Why Guidance Matters
Many first-time buyers encounter common hurdles:
- Incomplete or inaccurate documentation — often leading to delays or rejections
- Unfamiliarity with eligible properties — not all homes qualify for FLISP, and some may not be suitable long-term investments
- Financing challenges — understanding how FLISP integrates with home loans is crucial to optimize affordability
Without support, buyers risk losing time, money, and opportunity. That’s where Legacy Real Estate Group steps in.
How Legacy Real Estate Group Supports FLISP Buyers
1. Personalized Eligibility Assessment
We analyze income, household size, and financial position to determine the maximum subsidy and financing options available.
2. Strategic Property Matching
We guide clients to properties that meet FLISP requirements while aligning with long-term investment value.
3. Expert Application Management
Our team ensures all documentation is complete and compliant before submission to the National Housing Finance Corporation (NHFC), improving approval chances.
4. Seamless Financing Integration
We coordinate with banks and financial institutions to combine the subsidy with mortgages in a way that minimizes monthly repayments and ensures affordability.
5. Post-Purchase Guidance
Ownership is just the beginning. We advise clients on property maintenance, value retention, and potential future investment opportunities.
Why Choose Legacy Real Estate Group
FLISP is more than a subsidy; it’s an opportunity to build financial security and independence. Legacy Real Estate Group combines:
- In-depth market knowledge
- Hands-on expertise with FLISP and financing structures
- Commitment to client education and empowerment
Our mission is simple: turn the dream of first-time homeownership into reality. With Legacy by your side, navigating FLISP is not just possible—it’s strategic, efficient, and rewarding.
Start your homeownership journey today. Contact Legacy Real Estate Group and let’s explore how FLISP can work for you.
