Stanbic Bank collaborates with The Base Apartments to help aspirant homeowners
The Base Apartments have come at the right time for the new occupants are looking for a place to rent. These apartments consist of both one and two-bedroom houses which are very secure. Their location is ideal and its termed as a gated community in Extension 38, Broadhurst, Gaborone. The Base Apartments have 330 units which are set up in beautiful gardens and walkways. Another thing is that the landscape is ideal for both walking and driving. On driving, it takes a person 5 minutes to reach this gated community from Airport Junction Mall and BBS Mall.
There is a collaboration between the Stanbic Bank and The Base Apartments to assist people who are interested in owning apartments. Mrs. Omphemetse Dube, who is the current Head of Personal Markets at Stanbic Bank in Botswana explained so much in her speech. She said that the bank values the move by the people in Botswana to own homes by investing their money. One of the goals as to why the bank and The Base Apartments collaborated is to enable Millennials to own apartments. Over the years, this kind of investments have increasingly become popular and they have good returns. According to the Head of Personal markets, this kind of agreement will boost the increased demand for better houses and modern life. Gated communities provide the modern life and the security is always offered round the clock. Thus, it becomes possible to invest in putting up these safe homes.
Through this partnership, the Stanbic Bank is able to show its progress when it comes to financing individuals who are interested in these new houses. Any person who is interested in owning the one-bedroom or two-bedroom apartment is required to sign the sales agreement. Upon the signing, a deposit of P2,710.00 and P3,860.00 needs to be deposited in a one-bedroom and two-bedroom apartment respectively. This money is required per month towards the purchasing of the property. In other words, the purchasers are required to pay 10% deposit of the total value of the property.
Upon selecting a method of purchasing the two options of the houses that are available, a person is eligible to enjoy certain benefits. These are; getting a mortgage, discount on the property value and improvement in the credit score of a person. Additionally, each purchaser has their own parking bay.
According to Mrs. Dube, the partnership between the bank and The Base Apartments is the only way in which customers can get great values in their lives. Also, the bank is able to finance the customers so as to help them to invest in various types of investments that are available. Mrs. Dube finalizes by noting that through financial support, the bank is able to prioritize the customers’ needs.