The days of the 10% home deposit are gone, with mortgage originator, BetterLife Home Loans, last month reporting that the big commercial banks have all raised their lending criteria. Borrowers in the R250,000 to R1,5m price band now have to put down anything between 12.3%
Small-sized homes (20m² to 80m²) continue to outperform the medium-sized (80m² to 230m²) and the large-sized (230m² to 800m²) homes, according to FNB.
“The house price inflation rates for the three categories continue to differ significantly,” said John Loos, household and property sector strategist. “The small-sized
With some strategic planning you have a long weekend on your hands South Africans! Put in three-days’ leave (Thursday 4 August to Monday 8 August), make your mark on voting day and off you go for a six-night holiday. Just the medicine you need for
Caring and providing for an animal brings a whole new set of responsibilities, such as thinking ahead with regard to danger areas in your home (e.g. poisons, uncovered swimming pools, unsecured gates, etc.), as well as ensuring that the new member of your family is
Oh yes, this is the time of year when it seems everybody has the sniffles and certainly in my family we all had a turn with a cold or even worse, the flu!
I spent a whole weekend playing nurse to a sick husband and two
Beneficiaries of a housing project in Bardale's Phase 3 in Mfuleni say that although they have been given houses, it still feels like living in a shack because the houses are not up to standard.
A number of residents of Phase 3 were moved from their shacks
The South African Reserve Bank’s Monetary Policy Committee decided to keep the Repo Rate unchanged at 7%, keeping the prime lending rate at 10.5%.
“We believe it to be an appropriate decision from an inflation point of view,” said John Loos, FNB household sector and property
RE/MAX Infoglobe sales associate, Bertus Myburgh, is South Africa’s newest millionaire after he won the BetterLife Dream Lottery last night.
Through the BetterLife, BetterRewards programme, real estate agents received a scratch card for every qualifying Offer to Purchase they submitted to the bond originator, giving them
Pearl Valley and Val de Vie will soon join to become a single luxurious, self-sustaining community – and one in which billionaire businessman, Patrice Motsepe’s African Rainbow Capital, has bought a 20% stake.
Known as Val de Vie Estate, residents of the new 900ha development will
Pam Golding Properties’ Cape rental division has concluded a number of high-value leases since the start of the 2017 financial year (March 2016), for homes and apartments on the Atlantic Seaboard, in the City Bowl and the Southern Suburbs.
One Clifton apartment has been signed for