The Monetary Policy Committee (MPC) is set to meet again later this month and all signs point to yet another interest rate hike, with some even predicting a bump of 75 basis points. Experts advise South Africans to prepare themselves ahead of the July meeting to avoid falling behind on debt repayments....
From 1 July, you will be paying upwards of 15% more for your electricity, as municipal tariff increases kick in. Yet energy experts have cautioned that, without urgent intervention from the government and others, we will see load shedding intensify with Stages 6, 8, and even 10 a likelihood. Understandably, homeowners are considering alternative ways to keep the lights on....
One of the key shifts in the housing market triggered by the pandemic, was that many home buyers opted for a freehold home rather than a sectional title home in order to gain access to some outdoor space, as well as additional space in order to accommodate working from home....
Many home owners look for ways to increase the value of their homes and a common and efficient way of doing so is through upgrades, which can be an excellent way to not only boost the eventual selling price, but also make a home more enjoyable for the family....
Did you know that getting pre-qualified should be your first step on the property journey - even before getting a real estate agent or looking around for properties? Before you can understand the importance of pre-qualification, you need to understand your credit profile - this is true not only for first-time home buyers but also if you’re buying your first car, or refinancing a bond or loan. A...
Owning our very own home is exciting but it can also be daunting, particularly for first-time buyers who are likely to feel anxious about the additional responsibilities of home ownership and the burden of a long-term financial commitment....
While every owner wants to sell their property at the best possible price, overpricing a home can be the kiss of death for a sale. Modern buyers are well-informed on the property market and what they can expect for their money. They are thus more likely to avoid overvalued properties altogether. Homeowners that have overpriced their property - whether on their own accord or because of poor advice...
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....