Property Rates Are Decreasing In Cape Town - Relative To Other Cities In South Africa
Category Buying and Selling Property
According to Businesstech, while property rates will be stretching pockets even further across the country, with an average increase of 5%, Cape Town homeowners
Buyers & Sellers Beware: Not Fulfilling Or Cancelling A Property Agreement Creates Claimable Damages
Category Buying and Selling Property
A property sales contract is a binding document once signed and the terms and conditions in an offer to purchase are designed to protect both the buyer
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.
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.
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
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
Interest Rate Hikes - Are Home Buyers Over-Reacting When Stalling Their Purchase?
Category Buying and Selling Property
Historically, interest rate hikes have had a dampening effect on the South African residential property market, with homeowners reassessing their affordability