The 100% home loan which covers the costs of transfer too is not the Holy Grail it’s thought to be.
These costs, including transfer duty where applicable, bond registration charges and legal fees, currently work out to between 4,5% and 5,5% of the purchase price, so
The end of the financial year brings with it the Annual General Meetings of Sectional Title Schemes. Apart from being up-to-date with your levies to be able to vote, here are some facts you may not have known.
Living in a sectional title scheme can bring
Making regular bond repayments on your home is a first priority. Especially in difficult times. Here are ways and means of meeting those repayments and staying afloat.
Your home loan is arguably your most important debt and asset. FNB advises that staying on top of home loans
The value of outstanding credit balances in the South African household sector increased by 4,6% year-on-year (y/y) to R1 485,1 billion at the end of January 2016, reports Jacques du Toit, Absa Home Loans property analyst. Growth in secured and unsecured credit balances was largely stable
London has beaten New York for the second year in a row as the most important city for the ultra-wealthy, according to Knight Frank’s Wealth Report, an annual analysis of wealth flows and property investment around the world.
The Global Cities Survey looks at the most
Estate agents are reporting keen interest in the Western Seaboard as an affordable alternative to the Atlantic Seaboard. Many of the young professionals attracted to the area are water sport enthusiasts who, together with tourists, flock to Blouberg every weekend for its near perfect kite-surging
GDP growth slowed in the 4th quarter of 2015. The broad year-on-year slowing growth trend since 2012 is still intact, and wage bill growth may have to be trimmed through labour shedding, reports John Loos, FNB Home Loans household and property sector strategist.
Fourth Quarter GDP
The FNB House Price Index’s year-on-year inflation rate “treads” water, as lower base effects play a key role, but month-on-month growth continued to slow, reports John Loos, FNB Home Loans household and property sector strategist.
The FNB House Price Index for February 2016 rose by 6.5%
Investors from other African countries continue to show a strong appetite for residential property in South Africa, particularly in Gauteng province. They are from across the continent with most frequent investors originating from Nigeria, Angola, Ghana, Uganda, Gabon, Kenya, Zimbabwe, Congo and Mozambique.
So says Pam
With kitchen renovations possibly being one of the most expensive room revamps one can undertake in a home, it makes sense to spend as much time as possible in the planning phases as mistakes are not easily undone, says Anne Porter, head of Knight Frank