Buyers paying between R362,873 and R664,093 are most highly dependent on receiving 100% bonds to be able to afford their new home purchases. In fact, more than two thirds (62.28%) of loans in Q4 2016 in this purchasing price band received 100% and higher bonds.
Average loan-to-purchase price recorded 88.5% in Q4 2016. This means, across the entire market using deeds office data for natural persons applying for mortgage finance, 11.5% of the purchase price was not supplied by the bank.
The 100% bond, however, is more common than many may
Working from home, being able to set your own schedule and work the hours you please, as long as you meet deadlines and performance targets, is seen by many as the holy grail of adult employed life. No wonder then that it is so easy
There is no user manual for all aspects of homeownership, from moving, to taking occupation and to maintaining and understanding common and uncommon defects. Albert van Wyk has more than 38 years’ worth of building experience and has put all he has learned into a
In April the Western Cape will play host to The Property Buyer Show, a first of its kind exhibition aimed at first-time residential buyers and property investors looking to expand their portfolio. This innovative exhibition is designed to walk buyers through the property buying process
In recent weeks my practice has had some queries regarding medical deductions and what deductions are allowed to be claimed especially regarding expenses for dependents and dependents with disabilities
Some definitions as quoted in the Income Tax Act of 1962 are shown below for further clarity
Big-ticket upgrades to your home, such as an extra bedroom or bathroom, in fact return the least on sale. This is according to Remodeling Magazine, which published a cost vs value report studying the past 30 years. And as it turns out, the most common home
When deciding to move homes it’s quite normal to make a list of to-do’s ranging from finding boxes to making sure you change the locks on the new home. If beloved pets are also considered the decisions may become harder and options fewer, making the
Negotiation touches every part of our lives. Relationships in business and in our personal lives are negotiated. And the skills to do it effectively can often mean the difference between getting what you want or losing out. You don’t get what you deserve, you get
What can we do about Cape Town landlords who refuse to provide pool covers for their rental properties?
Quite simply, you should advise your landlords that in light of the City of Cape Town’s water restriction by-laws, should they fail and/or refuse to provide their tenants