Discover the Benefits of EDGE Certified Developments with Absa Eco Home Loan

by Balwin Properties
June 07, 2024
  

Learn about the exclusive benefits of owning a property in EDGE Certified developments with the Absa Eco Home Loan.

The Significance of EDGE Certification in Sustainable Development

EDGE Certification plays a significant role in promoting sustainable development in the construction industry. It is an internationally recognised standard that focuses on making buildings more resource-efficient and environmentally friendly. By certifying a development as EDGE Certified, it ensures that the project meets specific criteria related to energy efficiency, water conservation, and material usage. This certification helps reduce the environmental impact of buildings and contributes to a greener and more sustainable future.

By investing in EDGE Certified developments, home buyers can contribute to sustainable development and be part of the global effort to combat climate change. This not only benefits the environment but also leads to cost savings for homeowners in the long run.

Advantages of Investing in EDGE Certified Developments

Investing in EDGE Certified developments offers several advantages for homeowners. Firstly, these developments prioritise energy efficiency, resulting in reduced energy consumption and lower utility bills. The use of energy-efficient technologies and materials helps to create an eco-friendly living environment that is comfortable and sustainable.

Secondly, EDGE Certified developments promote water conservation through the use of water-efficient fixtures and systems. This not only helps to preserve this valuable resource but also reduces water bills for homeowners.

Furthermore, EDGE Certified developments prioritise the use of sustainable materials, which have a lower environmental impact compared to traditional construction materials. This contributes to the overall sustainability of the development and ensures that the building materials used are responsibly sourced.

Lastly, investing in an EDGE Certified development can also have financial benefits. These developments are in high demand due to their eco-friendly features and sustainable design. As a result, they often experience increased property value over time, providing homeowners with a solid return on investment.

How Absa Eco Home Loan Enhances Your Property Purchase

Absa Eco Home Loan is specifically designed to enhance the property purchase process for customers who prioritise environmentally friendly homes. By purchasing a property in one of the Absa approved EDGE Certified developments, customers can enjoy exclusive benefits.

One of the key benefits of the Absa Eco Home Loan is the special concession on the variable interest rate. Customers can benefit from a reduced interest rate of -0.25%, resulting in lower monthly mortgage payments. This makes owning an eco-friendly home more affordable and accessible.

Additionally, the Absa Eco Home Loan offers customers up to 3% of the loan amount paid into their home loan account. 

By providing these unique benefits, the Absa Eco Home Loan encourages and rewards customers for choosing to invest in EDGE Certified developments, making sustainable homeownership more attainable and financially advantageous.

Disclaimer: These illustrative values are based on a R1,000,000 home loan with an 11.50% interest rate (prime rate minus 25bps). In this example, a 1.5% rebate is applied at the start of the loan and another 1.5% at 36 months, totaling a 3% rebate. Additional charges like initiation fees, service fees, and insurance are excluded over the loan term.

List of EDGE Certified Balwin Developments Approved by Absa

As a pioneer in eco-conscious building practices, Absa has approved several Balwin developments that are EDGE Certified. These developments meet the rigorous criteria set by EDGE Certification and offer homeowners the opportunity to live in sustainable and environmentally friendly communities. The following is a list of EDGE Certified Balwin developments approved by Absa:

- De Aan-Zicht, Cape Town

- Izinga Eco-Estate, Umhlanga 

- Greenpark, Johannesburg East

- Greencreek, Pretoria East

- De Kuile, Cape Town

- Ballito Hills, Ballito

- Greenlee, Linbro Park

- Green-Kloof, Pretoria East

- Greenbay, Gordon's Bay

- Munyaka, Waterfall City

- Mooikloof Eco-Estate, Pretoria East

- Fynbos, Cape Town

- Thaba-Eco Village, Johannesburg South

- The Blyde, Pretoria East

- The Huntsman, Somerset West

- The Polofields, Waterfall City

- The Reid, Linbro Park

- The Whisken, Crowthorne

By choosing to invest in one of our developments, homeowners can enjoy the exclusive benefits of the Absa Eco Home Loan and contribute to a more sustainable future.