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Buyers & Sellers Beware: Not Fulfilling Or Cancelling A Property Agreement Creates Claimable Damages

Buyers & Sellers Beware: Not Fulfilling Or Cancelling A Property Agreement Creates Claimable Damages

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)?

Do You Have A Problem With Your Issued Cape Town Water COC (Compliance Certificate)?

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

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.
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
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
Interest Rate Hikes - Are Home Buyers Over-Reacting When Stalling Their Purchase?

Interest Rate Hikes - Are Home Buyers Over-Reacting When Stalling Their Purchase?

Historically, interest rate hikes have had a dampening effect on the South African residential property market, with homeowners reassessing their affordability
What Value Will A Solar Installation Add To Your Residential Property?

What Value Will A Solar Installation Add To Your Residential Property?

What we have all come to learn in the past 14 years is that load shedding is here to stay.
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