How the VAT Increment Affects Homebuyers and How O-YES Home Loans Can Help
The recent VAT increment has had a significant impact on various sectors, with the housing market being one of the hardest hit. As the cost
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The recent VAT increment has had a significant impact on various sectors, with the housing market being one of the hardest hit. As the cost
When it comes to funding home improvements in South Africa, one option to consider is refinancing your mortgage. This approach involves borrowing against the home
Overspending on home improvements can leave you seriously out of pocket when you’re ready to sell. It’s frighteningly easy to overcapitalise on a property and many people
If you fail to pay outstanding debts, credit bureaus will add your name to a blacklist that will make it difficult for you to obtain
You will start paying your bond about a month after the bond is registered. Which specific date of the month your account gets debited can
Banks are required to comply by the National Credit Act in the granting of credit to applicants, so an impaired credit rating of any of
Being pre-approved doesn’t mean you’re approved. It means you have an idea of what you would likely qualify for. The pre-approval process takes into account your credit
Yes, the higher your deposit, the less risk you are for the bank. A higher deposit improves your chances of securing a more favourable interest
From the parties and time periods to the process involved, O-YES’s three-step guide provides all the need to know when it comes to registering your
Yes, you absolutely can. As a South African citizen living and working abroad, bank criteria dependant, you are entitled to between 50% and 80% home
38% of bank approvals are currently subject to a lower offer – there is therefore an increasing need for homebuyers to have a deposit available for
One of the first things you learn about when considering buying a home is that you need a substantial deposit before making an offer to
The home-buying process may seem daunting at first, but the path is well signposted, and there are expert advisors who can help you along the
O-YES Home Loans 12-step guide takes you through the entire process of buying your dream home, from making an offer to receiving the keys. “On
It’s worth the effort to shop around for the best deal, as some banks may offer you better interest rates, and a higher chance of
It may be the biggest financial decision you ever make, because a bond is such a long-term commitment, but it can be surprisingly easy to
If you are unable to pay off debts, your name will be flagged by the credit bureau, and added to a blacklist; and it will
Space is at a premium, and owners of large properties stand to make a profit by subdividing land or sectionalising it. Which option suits you
FLISP is a government program that subsidises first-time home buyers. Here’s how you can apply for FLISP and get financial assistance with your home purchase.
Investing in a home is one of the most significant decisions you’ll make. Here’s how to qualify for a home loan, as well as three
This government programme offers those earning between R3,501 and R22,000 a month, a realistic prospect of homeownership, in the form of a first-time homebuyers subsidy.
The 90 days’ written notice only represents intent to settle. It does not mean that the bond will be cancelled 90 days from the date
The home-buying process may seem daunting at first, but the path is well signposted, and there are expert advisors who can help you along the
Is your business #FutureFit? With the economic landscape changing every day, managing a business has its challenges: as a business owner, you must ensure that
