There are the typical costs when buying a home; the buyer would expect to pay transfer duty if the home is above R900,000 and put down a deposit to secure the deal. There are, however, other costs that are sometimes forgotten or not factored in
As a long-term investment, it makes sense to start building a property portfolio as early in life as possible, but with prices as high as they are in many parts of South Africa, getting that first foot in the door can be a daunting prospect.
Establishing and maintaining an excellent credit record is imperative for consumers who want to own a home. If you aspire to buy a property you will require a favourable credit record to improve your chances of bond approval.
“Although lending criteria has softened marginally since the
Sectional title properties with fewer than two bedrooms boasted the strongest price growth in Q3 2017, inflating at 9.3%.
Two-bedroom sectional title properties realised 5.3% price growth, while the largest three-and-more-bedroom category came in at 4.6% average price growth.
This is according to FNB’s household and property
Conventional wisdom says that winter is a bad time to market your home, but with fewer homes on the market there’s a good chance more buyers will be viewing yours.
“Sellers are likely to achieve sale prices closer to the listing prices, especially for properties that
With June celebrated as Youth Month, Jonathan Kohler, CEO of Landsdowne Investment Properties shares, what he believes to be, the best way to help your child get a foot on the property ladder way ahead of their peers.
“Parents can help their children get onto the
While the percentage of first-time buyers among home loan applicants rose to 47% in the 12 months to end-January 2017 – its highest level in two years – only 39% of first-time buyers received bonds.
This is according to BetterLife Home Loans’ CEO, Shaun Rademeyer, who said
The average purchase price between Q4 2015 and Q4 2016 showed positive nominal (including consumer price inflation) growth of 7.1%; while nominal quarter-on-quarter growth from Q3 to Q4 2016 confirms that growth in the property market has slowed significantly.
This is according to Rhys Dyer, bond