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....
Property Market
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....
You’ve moved into your new home and now you are keen on adding more floor space to make it the perfect home for you and your family. If you don’t have ground space to build on, you can always build up. It seems easy enough, but there are various steps to follow that ensure that the job is done properly and according to code. Here are six things to do when you want to add an additional story to your...
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....
Buildings insurance is usually required by the lender, but it is just as useful to the homeowner, allowing you to protect your most valuable asset....
Homeowners insurance may add to your list of expenses, but you can’t afford to go without it. However, the following factors may affect your premiums....
The pendulum has swung following a season of record-low interest rates, moving the country into a cycle of interest rate hikes. Set to meet again in May, the MPC may choose to hike interest rates further. Homeowners are advised to evaluate their finances ahead of the announcement to make sure they can afford the potential increase....
Property practitioners in South Africa have been identified as potentially vulnerable to money-laundering and terrorist financing (TF) activities. This was revealed by the FIC (Financial Intelligence Centre) in their recent Assessment of the inherent money-laundering and terrorist financing risks impacting the real estate sector report....
Buying an investment property is great, especially when you’ve chosen a good location. One thing no property owner wants to deal with, however, is being the landlord to a problem tenant. Whether the issues are around late rent, or them not adhering to the code of conduct of your property, it leaves you as the landlord in a difficult position....