The residential property market has recovered much faster than expected from the hard lockdown earlier this year, new data from FNB shows. Experts were predicting that house prices would fall by between 5% to 14.5% this year due to Covid-19 – instead prices have climbed in the year to July. This is due in large […]
Surprise! The SA property market has roared back – and buyers now want bigger homes Read More »
The record-breaking streak of interest rates cuts in January through to May has already spiked interest in the first-time buyers’ market. The housing market received further good news when today, the Monetary Policy Committee (MPC) announced that the interest rate will drop by 25 basis points. The repo rate, therefore, lowers to 3.5%, leaving the
Interest Rate Cut to Speed Up Recovery in Housing Market Read More »
Retired South Africans who own homes but are cash-strapped may now apply for a loan, or “reverse mortgage,” suggested in a recent policy paper by the World Bank as a way to supplement pension income. Lending company, Water Financial, led by financier and former COO of twenty20 bank, Chris Loker, has launched the financial solution
Retired homeowners in SA could soon apply for a ‘reverse mortgage’ Read More »
Living rooms are usually one of the first rooms you think about decorating or redesigning when moving into a new place or when it is time for a makeover. Some rooms might be dated or no longer functional; other rooms may be too spacious or too cramped. There are fixes for every budget and every
10 Incredible Before-and-After Living Room Makeovers Read More »
Save hundreds of thousands in bond payments With the recent two rate cuts in quick succession by the South African Reserve Bank, consumers are being encouraged to take advantage of their home loan repayments. Those who are fortunate enough to not have any financial worries during this Covid19 pandemic could save hundreds of thousands in
Paying your bond off faster, like 5 years faster, has never been easier Read More »
An Amanzimtoti Property reader financially affected by the coronavirus outbreak has been charged a penalty every month for late rental payments. He wants to know if he is legally obligated to pay it. He writes: “My wife and I have been affected financially by the Covid-19 pandemic, just like everybody else. We have been making
Life is changing incredibly fast during the coronavirus pandemic and many industries are following suit, including real estate. While some sellers have decide to pull their homes off the market and try to sell at a later stage, this may not be an option for everyone. With that in mind, if you are trying to
5 Tips For Selling Your Home During The Coronavirus Pandemic Read More »
Here’s why you should plan to buy property now If there is any way you can afford it, you should start planning to get into the property market as soon as possible. One of the most frequent questions being asked in the real estate sector at the moment is whether this is a good
Here’s why you should plan to buy property now Read More »
