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Be prepared to stay in your home for at least four and a half years to recoup your transfer costs and agents commission of, on average, 7.5%, as an average homeowner of a R1m home. With house prices growth currently running at only 2.8% p.a. according

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The exemption on government-charged transfer fees has been raised by R150,000 on the current R750,000. This was revealed today during Finance Minister Pravin Gordhan’s Budget Speech. “Relief will be provided in the affordable housing market through an increase in the threshold above which transfer duty is

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