Investment Requirements

DOCUMENTS REQUIRED FOR INVESTMENTS

If there is more than one applicant all the personal information required above must be provided for each person.

GENERAL REQUIREMENTS

  • Registered copy of freehold/leasehold Deed or Instrument
  • Evidence of rates and taxes paid to date
  • Job Letter – salary, allowances, length of service
  • Recent pay slip
  • Copy of two forms of identification ( ID / DP / PP )
  • Personal Financial Statement
  • WASA Clearance Certificate
  • Purchase of Mortgagors Shares
  • Payment of all Fees and Charges
  • Coverage of House owners Insurance
  • Assignment of Life/Term Insurance for an amount not less than the mortgage

IF SELF EMPLOYED

  • Certified Financial Statements
  • Projected Cash Flow for 2 - 3 years
  • Memorandum of Incorporation and By-Laws (Company)
  • Last Annual Return filed at the Registrar of Companies
  • Bank Statements

FOR PURCHASE OF PROPERTY

  • Signed Agreement to purchase and evidence of deposit slip/receipt
  • Signed Sales Agreement
  • Current Valuation

FOR CONSTRUCTION / RENOVATIONS

  • Estimated Valuation before construction
  • Approved Building Plans
  • Land development approval from relevant authorities
  • Signed Quantity Surveyor's report (from the Association's panel)
  • Signed Builders Estimate
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