A study done by New World Wealth, a Johannesburg-based wealth consultancy, has found that Knysna on the Cape Garden Route, tops the list nationally for the highest number of multi-millionaire owned second homes, significantly more than even the Atlantic Seaboard.
According to the report, some 320
Whether you are delaying buying your dream home because you want to travel, have professional flexibility or need to save up for a few more years, the fact is more and more South Africans are renting for longer.
Landlords are understandably sticky about their properties and
In March of this year we reported on a David-and-Goliath battle, the so-called historical debt saga between the municipalities of Tshwane and Ekurhuleni and their clients.
In November 2016 the North Gauteng High Court held that these municipalities have been unlawful in their conduct and declared
Identifying housing market bubbles, or market “overshoots”, is always a tough task. Not only have we not yet reached a stage where we can accurately match a specific house price level to the existing economic fundamentals at the time, but the economic fundamentals are constantly
So you want to go house hunting this weekend? Not sure how much you can afford to buy for? A quick Google search will land you on any one of the many online bond affordability calculators on the banks’, portals and bond originators’ websites.
Between 2009 and 2013 alone the property value of greater Umhlanga increased by approximately R3,4bn , with a total value over the last 20 years increasing to a staggering R10bn.
“Umhlanga has become the province’s most noteworthy economic hub,” said Stefan Botha, CEO of Rainmaker Marketing
Homeowners must brace themselves for an up to 53% increase in electricity costs as Eskom begins to claw back three-year increases that have been put on hold due to a protracted legal process.
Last week Tuesday (23 August 2017), the Constitutional Court upheld an earlier Supreme Court of
When it comes to sectional title schemes and participation quota, should each unit’s levy be determined based on the whole cost of the budget with participation quota or should only the maintenance costs be based on participation quota? - Kashvir
Hi Kashvir, all expenses are based
Good day, our trustees have decided to increase our levies by 20% per annum. If you are an owner but not one of the trustees, do you have a say in the increase of levies?
In terms of Management Rule 21 (b) the trustees may only increase
Hi, we are currently paying a monthly levy of R1,263 to the body corporate and a monthly fee of R1,200 to the homeowners association (HOA). What amount of CSOS levy should we be paying per month? - Indira
Hi Indira, the CSOS levies would be R14 on