Buying a first home in South Africa is doable on a modest income, if you use the right tools: a realistic affordability plan, the right loan product, and (often) a once-off government subsidy that can cover your deposit and costs. This guide walks you through every step, with current rules and rates....
South African households are bracing for the above-inflation increase in key municipal services as the new financial year begins on 1 July 2025. This includes increases in electricity, water, sanitation, refuse removal, and property rates....
Buying a home is a huge milestone—and let’s be honest, it can also be a bit overwhelming. From saving for a deposit to dealing with transfer duties and figuring out your monthly repayments, the process can feel like navigating a maze. But with the right approach, securing a home loan doesn’t have to be a stressful experience. In fact, a little planning can go a long way in making your journey to...
Homeowners and future home buyers often consider fixing the interest rates on their home loans - and with concerns about inflation and rising living costs, this has become a hot talking point once again....
South Africa’s property market is showing early signs of recovery, with the latest FNB House Price Index (HPI) revealing an increase to 1.2% year-over-year (y/y) in January 2025—the highest growth rate since June 2023. While still subdued, this trend signals improving buyer confidence, fuelled by easing financial pressures and shifting lending conditions....
The South African housing market is showing some promising signs of recovery, but it's not quite smooth sailing just yet. According to the latest FNB House Price Index (HPI), house price growth remains slow, clocking in at just 0.9% in December. That’s slightly down from 1.0% in November, bringing the annual average to 0.8%—a dip from the 1.5% recorded in 2023. While this may seem underwhelming, it’s...
As we step into the new year, many of us set goals to improve our lives, whether it’s getting healthier, pursuing career aspirations, or achieving financial stability. For South African homeowners, managing the rising cost of living in 2025 is an essential resolution to keep at the forefront of their minds....
Unsurprisingly, "exercise more," "eat healthier," and "save more money" are among the most popular New Year's resolutions. According to Gemini, Google’s AI-powered assistant, these goals top the list year after year. Anecdotally, most of us would agree....
Buying your first home is an exciting journey, but it’s important to prepare for more than just the bond repayment. Many first-time home buyers in South Africa overlook the hidden costs of homeownership, which can significantly impact monthly budgets. From utility bills and municipal rates to homeowner’s insurance and maintenance expenses, these additional costs can add up quickly....
For many home buyers, the main focus is on creating a home, often overlooking the investment potential beyond knowing that real estate generally appreciates over time. However, understanding and leveraging your property’s equity can be transformative, helping you manage finances, invest in home improvements, and build wealth....