Buying your first home is incredibly exciting, and maybe just a little bit scary. It will probably be one, if not the most expensive purchase of your life. The process involves a lot of preparation, saving, and legwork so before you start shopping around it is important that you get all the help you can.

At Frank Salt Real Estate we will not only help you find the property that best suit your needs, but we will give you lots of solid advice and guide you every step of the way. To top it off, we have also put together an exceptional offer that will save you good money that you can instead invest in your future home.

Save thousands on Stamp Duty

Our mega deal for First Time Buyers adds to the stamp duty reduction that the government is offering. As a First Time Buyer if you purchase a property till the end of 2020, no stamp duty will be due on the first €175,000 of the property price, amounting to savings of up to €8,750 (based on standard rate of 5%).

Should you buy a property of a higher value than €175,000 up to the end of March 2021, you only get to pay 1.5% on the next €225,000 thus saving up to a further €7,875. That's one hell of a saving!

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Up to €17,500 interest-free government loan

First-time buyers aged between 21 and 39 years of age are eligible to apply for a €17,500 home loan from the government to cover or contribute towards the usual 10% deposit usually asked for as a down payment when buying a property. The loan would then have to be paid back over 25 years.

But that is not all... you also get the following vouchers and offers courtesy of Frank Salt Real Estate

Frank Salt Real Estate first time buyers can benefit from a contribution of up to €250 towards their notarial fees. This is applicable to clients that choose to take up a home loan from APS bank.

gasan mamo insurance frank salt

GasanMamo Insurance is offering Frank Salt Real Estate first-time buyers a 50% discount on the first year Home Loan Protect Insurance covering your Buildings.

Not enough? Swipe right for more!

Get in touch to find out how you can grab this offer!

Details of offers from our partners

GASANMAMO INSURANCE

Benefit from a 50% discount towards your first-year Home Loan Protect Insurance covering your Buildings from GasanMamo Insurance.

GasanMamo Insurance Limited will offer ‘Buildings Insurance’ for the first year at a basic rate of 0.08% of the sum insured excluding government duty and policy fee. Frank Salt Real Estate will apply a 50% discount on the basic rate for the first year only. Government Duty and Policy fee will be charged in full.

In order to benefit from this discounted rate, the policy for the Home Loan Protect Insurance needs to be purchased and issued through Frank Salt Real Estate acting as a Tied Insurance Intermediary of GasanMamo Insurance Limited.

The discount will be applied on presentation of the relevant voucher that will be delivered to the client at the signing of the promise of sale agreement.

For the voucher holders to be able to avail themselves of this offer by GasanMamo Insurance Limited, they need to be accepted as a policyholder for the Home Loan Protect insurance by GasanMamo Insurance Limited. This decision does not depend on Frank Salt Real Estate. Clients participating in the First Time Buyers Package scheme agree to indemnify and hold harmless Frank Salt Real Estate from any injury, damage, loss, delay, cost, expenses or inconvenience which may result should GasanMamo Insurance Limited not accept the client as a policyholder and the proposed risk as aforesaid.

Frank Salt (Real Estate) Ltd. (Enrolment No. C31667) is authorised under the Insurance Distribution Act to carry out Tied Insurance Intermediary activities for GasanMamo Insurance Ltd. as authorised under the Insurance Business Act. Both are regulated by the MFSA.

The voucher is not transferable.

Visit GasanMamo’s website

APS BANK

Benefit from a contribution towards your notary fees from APS Bank when purchasing your first home through Frank Salt Real Estate.

APS Bank plc will waive commitment fees, as well as make a contribution of €150 towards notarial fees for secured home loans of up to €300,000 and a contribution of €250 towards notarial fees for secured home loans of over €300,000, where the said secured home loans are taken out with APS Bank plc and the property is purchased through Frank Salt Real Estate.

For a Frank Salt Real Estate client to be able to avail himself/herself of this offer by APS Bank plc, he/she needs to present the relevant voucher to APS Bank that will be delivered to client at signing of the promise of sale. The client must also satisfy banking criteria to be accepted as a home loan client by APS Bank plc. This decision does not depend on Frank Salt Real Estate.

Clients participating in the First Time Buyers Package scheme agree to indemnify and hold harmless FSRE from any injury, damage, loss, delay, cost, expenses or inconvenience which may result should APS Bank Limited not accept the client/s as a home loan candidate.

Voucher is not transferable and should be redeemed within 3 months of the time of signing the contract. APS Bank plc is licensed by the Malta Financial Services Authority as a credit institution. Applications are subject to the Bank’s lending criteria.

Visit APS Bank’s website

ITC

Benefit from a 35% discount on AEG and Electrolux white goods on presentation of the voucher.

Benefit from a 30% discount on light fittings and light accessories on presentation of the voucher.

The 35% voucher applies on built-in ovens, built-in hobs, built-in microwaves, built-in fridges and freezers, built-in washing machines, built-in dishwashers, cooker hoods, warming drawers, free-standing washing machines, free-standing fridge freezers and free-standing tumble dryers.

The 30% voucher can be used on the purchase of water heaters from Electrolux and light fittings from Eglo Leuchten and Ideal Lux, Italy and other lighting brands.

The voucher is valid for 6 months from the date of issue and is not transferable.

Discount will only be applied to goods purchased from ITC Limited at White House Buildings, Mountbatten Street, Blata l-Bajda.

Visit ITC website

VELLA FALZON HOME

Benefit from a €1,000 gift voucher on a minimum purchase of €5,000 OR a €2,000 gift voucher on a minimum purchase of €10,000 OR a €5,000 gift voucher on a minimum purchase of €20,000.

The vouchers can be used on tiles, bathrooms, furniture and hardware from Vella Falzon Home.

The vouchers must be presented before any issue of the quotation.

Vouchers on Hardware can be redeemed from Vella Falzon Home warehouse at Triq il-Bankiera, Qormi, whilst voucher on tiles, bathrooms and furniture can be redeemed from Vella Falzon Home at Valley Road, Msida.

The vouchers are not valid with any other promotion, and cannot be used during sale periods.

The vouchers are valid for 24 months from date of issue and are not transferable.

Visit VellaFalzon’s website

B4 GROUP

Benefit from a 30% discount on bedrooms from B4 Textiles Mosta or B4 Textiles Fgura.

Benefit from a 20% discount on fabrics, carpets and blinds from B4 Textiles Mosta or B4 Textiles Fgura.

Benefit from a 30% discount on kitchens from MITON Cucine.

Discounts are applicable on presentation of the voucher. The voucher is not valid with any other promotion, and cannot be used during sale periods.

Discounts do not apply on kitchen tops & appliances.

The voucher is valid for 24 months from date of issue and is not transferable.

Visit B4 Group’s website

Visit MITON Cucine’s website

BT COMMERCIAL

Benefit from a 10% discount on Solar (PV) Panels, Air Conditioners and Heat Pumps.

Discounts are applicable on presentation of the voucher provided by Frank Salt Real Estate.

The voucher is valid for 24 months and is not transferable or redeemable for cash.

The voucher cannot be combined with any other coupons or any other offer or discounts or promotions.

A maximum of one of each of the vouchers is redeemable per product range and only one voucher can present at any one time.

Visit BT Commercial’s website

DINO FINO HOME

Benefit from a 35% discount on all purchases from DINO FINO HOME, including kitchen, bedrooms, sofas, other furniture and home accessories

Discounts are applicable on presentation of the voucher provided by Frank Salt Real Estate.

The voucher is valid for 24 months from the date of issue and is not transferable.

The voucher cannot be redeemed in conjunction with any other promotions

Visit Dino Fino’s website

ONE TWO ONE INTERIORS

Benefit from a 15% discount on all curtain fabrics, loose furniture, home decor.

Discounts are applicable on presentation of the voucher provided by Frank Salt Real Estate.

The voucher is valid for 24 months from the date of issue and is not transferable.

The voucher is not valid with any other promotion and cannot be used during sale periods.

Visit OneTwoOne’s website