These days it seems like everyone is looking at ways to stretch their budget just a little more and even more so as a homeowner. Luckily there are a few things you can do to make your budget stretch a little further without having to make radical changes - little changes, when combined, makes for big saving each month. Here are 11 things you can start doing today to lower your bills, secure better...
First-time homeownership remains a challenging goal for many South Africans, particularly the youth. Despite a brief period in 2020/21 when interest rates were cut to record lows, participation by young buyers, defined as those under 35 years old, has continued to decline steadily since 2010. This is according to insights from the latest FNB Estate Agents Survey that looks at understanding how first-time...
According to a recent Savills report which explores global trends in the world of real estate, after several years of global disruption and macroeconomic volatility, there is cause for optimism in real estate markets as healthier, greener living becomes increasingly important....
When it comes to buying a home, misinformation can lead to costly mistakes and unnecessary stress. Let’s debunk some common myths to help you make informed decisions on your home buying journey. Myth 1: I Need a large deposit While having a deposit to offset the enormous cost of buying property is advisable, a large deposit isn't always necessary. It is still better to have some deposit than none at...
The rising cost of living and a shortage of affordable housing options have left many South Africans seeking alternative solutions to make homeownership more affordable. One increasingly popular trend is dual occupancy, where homeowners either rent out a portion of their property or co-own a property with a friend or family member....
Navigating the South African property market requires a keen understanding of various legal considerations to ensure a smooth and secure transaction. Whether you are a buyer or a seller, being well-versed in these aspects can safeguard your investment and streamline the process. Here, we delve into some of the critical legal elements involved in property transactions in South Africa....
Purchasing a new home is a significant step, and avoiding surprises during the moving process is crucial for a smooth transition. To ensure that you're making an informed decision, it's essential for your real estate agent to engage with the seller and gather valuable insights about the property....
When picturing a residential estate, the image that often comes to mind is one of lush greenery, wide-open spaces, happy families, children on bicycles, and perhaps a friendly Labrador trotting alongside. This idyllic vision is commonly promoted by residential estate developers and their marketers to potential buyers. But is this really the typical South African neighbourhood?...
Welcome to months 5-6 of your journey from renting to homeownership! You've made significant progress so far, and now it's time to focus on saving for your down payment and closing costs. These months are crucial as they lay the financial groundwork for your home purchase....
Renting out a garden cottage within your property can be an enticing prospect for many homeowners. It offers the opportunity to earn extra income and utilise unused space. However, like any decision, there are both advantages and disadvantages to consider before taking the plunge into becoming a landlord on your own property....