How to reserve your home in Lancaster New City

The first step to take to secure your new home is the Lancaster new city reservation. It involves you making your intention known, following the process, and depositing a reservation fee. When done, this will keep the desired property for you for a specified period.

1. Sign and fill the Reservation Agreement (RA) and Buyers Information Sheet (BIS). Your representative can do this on your behalf.
2. Give the documents to our Reservation Officer for verification at any of our offices (Site, Main, and Imus).
3. Pay the reservation fee after documents’ approval.
4. Take home and read carefully our loan documents handed to you.
5. Read and understand the terms and condition under the Contract to Sell.
6. Congrats! Your desired home is yours for the next 30 days.

The reservation process has a first-come, first-serve nature. Without a reservation fee, there is no binding agreement. Paying your fee forces the developer to keep the house for you within the specified period. It is part of your down payment and is nonrefundable.

• Thea, Alice : PHP 10,000
• Adelle : PHP 20,000
• Aira, Briana : PHP 40,000

Yes, we provide discounts during a promo. However, here is what you should know:

• The discount doesn’t apply when you change your desired home.
• You cannot transfer your reservation discount.

After payment, your desired home remains yours for 30-45 days.

Yes, if your request meets the following:

• You request within 120 days from the date of reservation.
• Your intended new owner is your nearest relative.
• The new residence is under the same developer.
• You are willing to pay for any price increase within the transfer window.
• You are willing to pay your PHP10,000 after approval.

The RA is an official document of seven pages. It clearly informs you about the nonrefundable nature of your reservation. It also contains crucial details of your desired home: Project, Lot Area, Block and Lot No., House Type, Payment Schedule, and Floor Area.

Your RA can be annulled if:

• You failed to attend the loan counseling meeting in person.
• You didn’t meet up your DP payment which leads to a forfeit.
• You were unable to submit your monthly installment or amortization for three successive months.
• You didn’t send the documents required by us or involved financial institution within the specified period.
• You intentionally decided to withdraw from the RA.
• You deliberately falsified the documents sent to us.

To avoid losing your reservation fee because of a delay in payment, send us a promissory letter or email informing us of your intended date of payment.