Home loan declined! These three words are dream killers for any and every home buyer. They are the words that keep you up at night as you wait for feedback for finance from your bank on the home that has stolen your heart.
The first question
Homeowners who have held onto their homes for the past 17 years will be happy to learn that, on average, their homes have appreciated by 319.9% in nominal terms (not adjusting for inflation).
When inflation is considered, growth is a pretty 63.5% above the end-2000 level.
I placed a tenant in my sectional title apartment four years ago at a slightly below complex rental as she was a good tenant and I really wanted her to tenant my apartment. Her rental escalates by 7% per year.
Since then we have had a
The Supreme Court of Appeal has declared that municipalities’ forward projection of rates as being invalid. This emerged in the case of Nelson Mandela Bay Municipality v Amber Mountain Investments 3 (Pty) Ltd (case (576/2016)  ZASCA 36).
“In order to transfer a property, one of
Hi, is a residential landlord ever legally allowed to charge VAT on rent? - Simon
Hi Simon, no. A landlord may not charge VAT in respect of residential premises, even if the landlord is a registered VAT vendor.
In terms of section 12(c) of the Value Added
Hi, why is there a clause in the lease to say the owner can sell at any time during the tenancy? Doesn't the huur gaat voor koop law protect tenants against this? - Sharon
Hi Sharon, the short answer is that the owner may want to
Hi, the electrical system is non-compliant in a flat (no trip switch) and the tenant is paranoid. The owner is kicking against the work being done and he asked us to wait a bit as he is overseas and only returning late April.
Our tenant and
Hello, I bought a sectional title unit with my ex-fiancée through a joint bond. She moved out two years ago and we separated.
I have been paying the bond alone. I approached the bank to do a refinancing in my name alone, though I had a
One of the most stressful parts about buying or building a new home is the waiting period between submitting your documents and essentially receiving a yay or nay from the four major commercial banks.
Understanding each bank’s criteria for lending and how much risk appetite they
I am writing on behalf of our management association committee. The Country Village is a retirement complex in Greyton, and the 61 properties are all freehold. We keep our monthly costs under control as much as possible by, among other things, managing our finances internally