Buyers

First-time property buyers continue to dominate activity in the residential market despite recent interest rate hikes....

Buying a home is still one of the biggest financial commitments that most people will ever make – and it has become even more complex in recent years so it’s vital to be aware of the major “potholes” you need to avoid, especially if you are a first-time buyer....

Applying for a home loan can be a daunting experience. The most crucial step toward owning a home is acquiring the necessary funding to afford the purchase. To ensure a successful application, there are a few steps buyers can follow to secure the required capital at the best possible interest rate....

Buying a property for investment purposes has grown in popularity over the years. This is due to a number of things including the popularity of homesharing and the growth of the rental economy, especially among the younger generations who don’t all wish to own assets, according to a Deloitte survey....

For most people, becoming a home owner is the ultimate dream but it’s also one of the largest financial investments they will ever make – and there’s a lot that they don’t tell you before you sign on the dotted line....

When the property market first re-opened after the initial lockdown period, several distinct new trends appeared on buyer wish lists, among them, extra space for a home office and family entertainment and large gardens with pools became popular once again....

The Pam Golding Residential Property Index highlights some ongoing shifts in the national housing market. These include the fact that the Covid-induced boom in freehold residential property price inflation continues to fade when compared with sectional title, with the gap narrowing to a revised 2.4% in April 2022, having peaked at 3.9% in March 2021....

Buying your first home is possibly the largest purchase you will make, so it’s important to be well-prepared for this important milestone. “After two years of comparatively low-interest rates, we are still seeing considerable interest from first-time buyers who account for 60% of all BetterBond’s home loan applications,” says Carl Coetzee, CEO of BetterBond....

While banks in SA are still keen to lend to home buyers, they are also applying their credit granting criteria more strictly now in the light of rising inflation and rising interest rates, so it is vital for prospective borrowers to make sure their finances and credit records are all in order before they apply for a loan – and long before they start looking for properties to buy....

With many people in KZN having suffered extensive damage to their properties as a result of severe flooding, it is imperative to first distinguish whether the property has been damaged to a point that it is no longer safe to reside in, or if the property is damaged but is still deemed to be safe to reside in....