Property Rates Are Decreasing In Cape Town - Relative To Other Cities In South Africa
Category Buying and Selling Property
According to Businesstech, while property rates will be stretching pockets even further across the country, with an average increase of 5%, Cape Town homeowners
Buyers & Sellers Beware: Not Fulfilling Or Cancelling A Property Agreement Creates Claimable Damages
Category Buying and Selling Property
A property sales contract is a binding document once signed and the terms and conditions in an offer to purchase are designed to protect both the buyer
Do You Have A Problem With Your Issued Cape Town Water COC (Compliance Certificate)?
Category Buying and Selling Property
A Water Compliance Certificate is required as a local by-law and only applies to properties sold within the City of Cape Town municipality.
Prime Lending Rate Increased By Reserve Bank From 11.25% to 11.75%
Category Property Market News
As economists and investment specialists expected, the Reserve Bank's Monetary Policy Committee (MPC) hiked the prime rate for a 10th consecutive time
Changes To Gas Compliance Certificates Needed For Property Sales
Category Buying and Selling Property
Gas Compliance Certificates has as of 1 May 2023 been changed to a new prescribed five page document - in order to comply with the law.
Property Sellers Beware - You Still Need To Pay For Cancelling Your Home's Bond
Category Buying and Selling Property
When a seller's property is bonded, they usually know, that they need to give the Bank 90 days' notice to avoid bond penalties.
To Rent or Buy: What Is More Affordable?
Category Rental Information
At the current interest rate of 11.25%, the repayment on a 20-year home loan of R1 500 000 will amount to just over R15 700 per month. In many areas, a tenant w
What You Need To Know About Occupancy Certificates
Category Buying and Selling Property
The National Building Regulations and Building Standards Act 103 of 1977 (the Act) requires that an Occupancy Certificate be issued by local government
60% Rise In Cost Of Credit Over Last 18 Months Led To 21% Drop in Home Loan Applications
Category Buying and Selling Property
According to Betterbond, the biggest (home loan) bond originator in South Africa, the SA property market is operating in a rather tough market
Snapshot Of First-time Homeowners In SA Residential Property Market
Category Property Market News
First-time homeowners in South Africa are according to Lightstone entering the market at a later or older age than ever before - they spend more on their houses