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Changes To Gas Compliance Certificates Needed For Property Sales

Changes To Gas Compliance Certificates Needed For Property Sales

Gas Compliance Certificates has as of 1 May 2023 been changed to a new prescribed five page document - in order to comply with the law.
Property Sellers Beware - You Still Need To Pay For Cancelling Your Home's Bond

Property Sellers Beware - You Still Need To Pay For Cancelling Your Home's Bond

When a seller's property is bonded, they usually know, that they need to give the Bank 90 days' notice to avoid bond penalties.
To Rent or Buy: What Is More Affordable?

To Rent or Buy: What Is More Affordable?

At the current interest rate of 11.25%, the repayment on a 20-year home loan of R1 500 000 will amount to just over R15 700 per month. In many areas, a tenant w
What You Need To Know About Occupancy Certificates

What You Need To Know About Occupancy Certificates

The National Building Regulations and Building Standards Act 103 of 1977 (the Act) requires that an Occupancy Certificate be issued by local government
60% Rise In Cost Of Credit Over Last 18 Months Led To 21% Drop in Home Loan Applications

60% Rise In Cost Of Credit Over Last 18 Months Led To 21% Drop in Home Loan Applications

According to Betterbond, the biggest (home loan) bond originator in South Africa, the SA property market is operating in a rather tough market
Snapshot Of First-time Homeowners In SA Residential Property Market

Snapshot Of First-time Homeowners In SA Residential Property Market

First-time homeowners in South Africa are according to Lightstone entering the market at a later or older age than ever before - they spend more on their houses
SA Property Market News - Buy-To-Let Homes Home Loan Applications Has Risen In SA To 2009 Levels

SA Property Market News - Buy-To-Let Homes Home Loan Applications Has Risen In SA To 2009 Levels

Buy-to-let homes are on the rise in SA, according to ooba Home Loan's report of a year-on-year growth of just over 13% in home loan applications for buy-to-let
Effect Of 0,5% Interest Rate Hike On Homeowners, Sellers And Buyers In SA Property Market

Effect Of 0,5% Interest Rate Hike On Homeowners, Sellers And Buyers In SA Property Market

The South African Reserve Bank has raised interest rates on 30 March 2023 for the ninth time in a row since it began tightening policy in November 2021 when the
Landlords Needs To Make Rental Property Stand Out - Despite Hiked Demand In SA

Landlords Needs To Make Rental Property Stand Out - Despite Hiked Demand In SA

The South African consumers' belt tightening in a weak economic environment has led to a cyclical reaction against unnecessary spending, due to i.a. rising inte
Reserve Bank Increase Interest Rate By 0.5% - Home Loan Prime Rate Now 11.25%

Reserve Bank Increase Interest Rate By 0.5% - Home Loan Prime Rate Now 11.25%

South Africa's central bank this afternoon announced that interest rates will be hiked - to a 13-year high - with 50 basis points.
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