With local and international attention focused on South Africa’s National Budget tomorrow (Wednesday 24 February 2016), from a property market perspective it is hoped that the imperative to increase overall revenue collection will not result in a further increase in transfer duties on property transactions,
Green building is forecast to double globally by 2018, according to new research, which showcased South Africa as one of the top performers world-wide, reporting the highest percentage of green building projects currently underway.
Even more impressive is the fact that South Africa’s commitment to green
South Africa’s land registration system is a comprehensive one, whereby, once a buyer takes transfer and the property purchase registered in their name, they have a real right to that property, says Laurence van Blerck of Knight Frank Residential SA.
It is vital, however, to understand
Levels of residential building activity in the South African market for new housing improved in 2015, but growth remained relatively low at between 4% and 5% from the 2014 levels of activity, reports Absa Home Loans property analyst Jacques du Toit. Growth in the planning phase
Many first-time buyers don’t understand the difference between taking possession of their new property and taking occupation – or the provisions in a sale agreement for the payment of occupational rent.
“Actual possession only happens when the transfer of ownership from seller to buyer is officially
As a buyer or seller, do you really understand defects, and what you are and are not covered for? Does your insurer cover faulty or defective design, poor structure or workmanship? Get ready to have your common misconceptions blown out of the water.
The primary misconceptions about home defects
Did you hear the one about the entrepreneur who got his bond approved without a hitch? No? That’s because this is rarely ever the case for entrepreneurs and self-employed individuals. Ironically, entrepreneurs’ permanent employees have an easier, far less suspicion-filled experience when doing a mortgage
The incidence of natural and man-made disasters seems to be increasing, and more and more households are putting together their own emergency response plans. However, it is important to review and update these plans regularly – and as soon as possible after any move to
So, you’ve been thinking about getting a foot on the property ladder, but your salary doesn’t quite cover the kind of bond you’d been hoping for. You do, however, have a significant other who could chip in on the purchase price, and together, buying your
Levels of residential building activity in the South African market for new housing improved in 2015, but growth remained relatively low at between 4% and 5% from the 2014 levels of activity, reports Absa Home Loans property analyst Jacques du Toit.
Growth in the planning