The various deeds offices are increasing their fees for all registrations registered on or after 1 April 2016. This is according to MC van der Berg of MC van der Berg Attorneys, who said pro forma statements of account would accordingly reflect the increased fees
Citing Lightstone statistics, Pam Golding Properties reports average selling prices of freehold and sectional title homes in Durban North have risen by 56% and 34.5% respectively between 2010 and 2015.
Area principal Carol Reynolds attributes the rise to its prime, central location, highly reputable schools, and
Three quarters of American homebuyers use the internet frequently to shop for homes. Just under half go there first to look for a home. And again, just under half say they first saw the home they ultimately bought, online. Observations of South African buying habits suggest we
Improper alterations in sectional title schemes may result in the loss of home loans being granted by banks to potential buyers. At the very least alterations need the approval of the body corporate and the local authority.
Look at any block of flats and there will
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