Lancaster New City Catherine

House Information

House Model :    Catherine
House Type :    Townhouse
Village :    Kensington Village
Community :    Lancaster Estates (now called Lancaster New City Cavite)
Address :    Imus – Gen. Trias, Cavite
Condition :    Brand New
Lot Area :    50 SQM
Floor Area :    50 SQM
Bedrooms :    3
Bathrooms :    1
Storeys :    2
Car Garage :    1
With Balcony :    No
Monthly DP :    Php 8,873.00

House Features of Catherine

• Three (3) Bedrooms
• Two (1) Toilet and Bath
• Provision for one (1)-car Garage
• Living Area
• Dining Area
• Kitchen

Floor Plan and Dimensions

Ground Floor

• Kitchen area: 3.50 SQM
• Living Area/Dining area: 11.60 SQM
• Bedroom: 6.00 SQM Toilet & Bath: 2.00 SQM

Second Floor

• Bedroom 2: 6.40 SQM
• Master’s Bedroom: 9.40 SQM
• Toilet: 3.40 SQM
• Others: 8.00 SQM

House Materials & Finishes

• Pre-painted G.I. sheet roofing
• Steel casement window
• Painted plain cement finish for interior and exterior walls
• Tiled kitchen counter with stainless kitchen sink
• Tiled T&B with complete set of bathroom fixtures (exc. tissue & soap holder)
• Plain cement finish flooring for ground and second floor
• Provision for CATV, telephone, A/C outlet

Buyer’s Guide

Steps to buy this property

STEP 1. Schedule Site Visit

Contact us at 0917-797-5283 | 0908-812-3890 | (+63) 2-650-2151 or through live chat on our website 24 X 7 to discuss your requirements and budget.
Schedule a FREE site visit for you or your representative. We could pick you up from any place in Metro Manila or you could meet us at the location or at our Imus Office.
Please set an appointment 1 to 2 days in advance

STEP 2. Make Reservation

• Select your desired house model in particular block and lot
• Pay the reservation fee either at the sales office at Lancaster Estates, main office on Shaw Blvd, or satellite office in Imus. Reservation fee can be paid in cash, check, or credit/debit card.
• We’ll be there to personally assist you during reservation.

STEP 3. Pay Downpayment and Submit Requirements

• Pay monthly DP. DP is 12.5% of TCP payable up to 15 months at 0% interest. Monthly DP starts 30 to 45 days from reservation date depending on cut-off date.
• Submit requirements within 60 days from reservation. This period can be extended if needed.
• We’ll be there to personally assist you when you submit documents for the first time.
• You can also ask for our assistance for request and updates.

STEP 4: Move-in

• Go through the inspection and acceptance period of your new house, usually 16th to 18th month
• Go to bank sign loan docs like Letter of Guarantee (LOG)
• Apply for Meralco and Water meter
• Move-in to your brand new house upon acceptance and Loan take-out.

Payment Terms

Available payment terms include the following:

Reservation :

• Reservation Fee:
• PHP 10,000 for Catherine
• Reservation is valid 30 to 45 days

Downpayment:

• BANK FINANCING
• 12.5% DP Payable up to 15 months at 0% interest
• Turnover on the 16th month
• INHOUSE FINANCING:
• 30% DP Payable up to 24 months at 0% interest
• House turnover on the 16th month

Financing:

• Loanable amount payable thru INHOUSE, or BANK financing
• BANK FINANCING
• Bank financing through accredited banks are developer assisted
• Accredited banks include Metrobank and UCPB
• Usual bank rate is 10%
• INHOUSE FINANCING:
• Rate is 18% for 5 years
• Rate is 21% for 10 years

Discounts:

• Up to 10% discount for SPOT CASH within 7 days from reservation
• Up to 7.5% discount on SPOT DP within 30 days from reservation
• Disclaimer: discount rates are subject to change

Requirements

Buyers will be given up to 60 days from reservation to complete the requirements. The usual requirements for bank and inhouse financing are as follows:

PROOF OF IDENTITY

• 3 pcs 1×1 ID pictures (write name and unit id at the back)
• Photocopy of 2 Valid Government Ids (sign 3x on the side)
• Photocopy of Passport (if OFW, include departure and arrival entries)
• Photocopy of Birth Certificate (if single)
• Photocopy of Marriage Certificate (if married)
• TIN Number
• Proof of Billing (i.e Meralco Bill, Maynilad Bill, etc.)
• Photocopy of Community Tax Certificate (Cedula, if locally employed)
• Photocopy if Income Tax Return
• Post Dated Checks for the monthly DP

REQUIREMENTS FOR THE REPRESENTATIVE

• SPA Form (Consularized if buyer is OFW)
• 3 pcs 1×1 ID pictures (write name and unit id at the back)
• Photocopy of 2 Valid IDs (sign 3x on the side)
• Photocopy of Community Tax Certificate (Cedula)

PROOF OF INCOME (Only upon Bank’s request)

• Photocopy of Job Contract (If OFW)
• Original Certificate of Employment with Compensation (Consularized if OFW)
• Latest 3 months pay slip or proof of remittances
• Income Tax Return (ITR if locally employed)

NOTE:

Project has no Net Disposable Income (NDI) requirements. Therefore, no proof of income documents will need to be submitted. In short as long as you’re employed, you are welcome to apply for our bank financing scheme provided that principal buyer (and spouse if married) must NOT have any history of cancelled credit card, unpaid loans, pending legal case (annulment, child custody, etc) that would reflect during the CMAP (credit background checking) of the bank.