By Silindile Leseyane Sourced From http://sapropertyinsider.co.za/ There is an old proverb that says, “Smooth seas do not make skilful sailors”. It is through the storms
A property transfer duty is a tax payable by buyers of all types of properties and is over and above the selling price. Click here
It has been established for a long time that most South Africans are battling under the weight of debt. Individuals and households have continued to
The Absa Homeowner Sentiment Index (HSI) indicates the consumer confidence level regarding the property market in South Africa. While understanding the overall confidence level of consumers gives us an important overall reference and hence remains important, we also measure various aspects of consumers’ confidence levels. We refer to these as “sub-indices” in this report and among these we measure sentiments about the current timing for buying, selling and investing in property.
There are practical advantages for those thinking about transferring their property to their family instead of bequeathing it to them after their death but there
Step 1: You’ll need to provide your O-YES Home Loans Consultant with a summary of your monthly income and expenditure, including income tax and living
Here’s what you need to know about the lending policy of banks. Looking to buy a home? Find out what the lending policy of banks
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
We simplify the legal jargon and answer some of the essential questions around capital gains tax and when and why it is applicable to homeowners.
There are a few things relevant to South Africans hoping for a positive outcome from their application for finance to procure their dream home. You
You may be a loyal customer and believe that as such you’ll be offered the best home loan rate by your bank. But how can
Foreigners can invest in property in South Africa as individuals, through joint ownership or by acquiring shares in an entity that owns property. Non-residents must
Once you find your dream home, and put in an offer that’s accepted, you’ll need a conveyancing attorney to transfer ownership to you. The conveyancing
Article summary TheGovernment Employees Housing Scheme (GEHS) enables employees of the SouthAfrican Government to own their own houses at a much more affordable rate. Governmentemployees
Article summary Titledeeds are important legal documents used as evidence of proof of ownershipof a home or piece of land. Ifthere is a bond on
Article summary A property that already has smart tech installed is a bonus if you’re on the hunt for a new house. Buyers are prepared
Article summary Supply and demand of housing influences the property market, which then determines whether it is a buyers’ or a sellers’ market. Conditions can
Article summary A purchase offer is a binding contract; once you sign it, you cannot easily change it. As a prospective buyer, you should make
Article summary A property transfer duty is a tax payable by buyers of all types of properties. Transfer duty is calculated over and above the
Article summary: When it comes to finding the best banks for home loans in South Africa, a bond originator will tell you more than any
The concept of taking out credit has gotten a bad rap in recent years, following the subprime mortgage crisis in the US and rising levels
Article summary: Bond applicants do not get preferential treatment by going direct, as banks are governed by the National Credit Act and lending is regulated.
Key takeaways There are distinct advantages to owning your own home as opposed to renting someone else’s Owning is beneficial from both a financial and
Wouldn’t it be lovely if the price tag on your new home was all you had to pay? In reality, there are several hidden and
