Nov 2020

Renting vs Buying

Renting vs buying property in South Africa right now

Driven by attractive interest rates and more lenient loan criteria, tenants now have their sights firmly set on owning a home. While many – particularly the millennial generation – chose to travel and live more ‘freely’ in the past, priorities have since changed, says Grant Smee, managing director for Only Realty. “Travel and event restrictions remain in place and lockdown has forced many to...

Capitec announces it is entering home loans market

Capitec announces it is entering home loans market

Capitec announced on tuesday that it has entered the home loans market. Up until now, the country's biggest bank by customers has not offered secured lending to finance purchases like homes, even though it has quietly launched "purpose lending" to finance cars through unsecured credit in April this year. On Tuesday Capitec announced that it has decided to partner with SA Home Loans to launch its full...

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