The number of second properties owned by individuals is estimated at 16.2% of all properties identified using deeds office data – and growth is currently near to zero.
This is according to John Loos, household sector strategist at FNB, who said secondary properties included those for
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
Houghton, north of Johannesburg is fast becoming a favourite amongst high-end property buyers, thanks to its central and convenient location, and reputation for being a glamorous and cosmopolitan suburb.
Rory O’Hagan, CEO of the Luxury Portfolio division of Chas Everitt International said that the renewed interest
In a society that still very much values homeownership as the pinnacle of success, one generation is increasingly rocking the boat. Baby boomers, the oldest of whom turn 70 this year, are opting for the flexibility typically associated with rental accommodation, rather than homeownership, as
Hi, our complex has seven units and our current levy is R1,500 per month. I have calculated that the levy that is due is as follows:
R1,500 - R500 = R1,000
R1,000 X 2% = R20
Therefore, the total levy that is due every three months is R140.
A perfect storm is brewing for entrepreneurs: A slow economy, negative national average property price inflation, consumers’ high debt-to-disposable-income ratio, banks’ strict mortgage lending criteria and South Africans’ battle to sufficiently save for home loan deposits, as well as homeowners’ reluctance to sell. On the
Everyone knows that puppies need oodles of chew toys to help them through the difficult phase where they are chewing everything in sight. This is true, of course, but something of equal importance is making sure that adult dogs also have enough toys to play
Will I be able to claim for usage of my parking spot by the building manager from the date the property was registered in my name which was the beginning of 2013? - Cynthia
Hi Cynthia, the parking bays in sectional title schemes are rentals. If someone
It’s the same every year; just driving around Johannesburg there is an overflow of runners, walkers and cyclists trying to get fit after the festive season, and yes I am one of them too! Here’s to 2017 being more successful than previous years in this
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