
Do You Have A Problem With Your Issued Cape Town Water COC (Compliance Certificate)?
Category Buying and Selling Property
A Water Compliance Certificate is required as a local by-law and only applies to properties sold within the City of Cape Town municipality.

Prime Lending Rate Increased By Reserve Bank From 11.25% to 11.75%
Category Property Market News
As economists and investment specialists expected, the Reserve Bank's Monetary Policy Committee (MPC) hiked the prime rate for a 10th consecutive time

Changes To Gas Compliance Certificates Needed For Property Sales
Category Buying and Selling Property
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
Category Buying and Selling Property
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?
Category Rental Information
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
Category Buying and Selling Property
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
Category Buying and Selling Property
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
Category Property Market News
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
Category Buying and Selling Property
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
Category Buying and Selling Property
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