Tenants battling to pay their rent and save for a deposit for their new home can now use their rent to buy their new home.
Uniquely, this product is available for all approved properties in Cape Town and now also in Gauteng, priced from R400,000 to
“Honey, should we stay in this house for at least one more year or do you want to move when our lease expires?”
“Let’s stay, please. I hate moving! We moved last year.”
“Okay, but the lease is increasing by another 10% if we stay on.”
Saving up for a home loan deposit while renting can be a big challenge for many South Africans. Tenants who pay on time and in full may feel they do not have wiggle room in their budget to set aside some money each month to
The Western Cape’s year-on-year house price growth for Q2 2017 measured 5.7% - down from Q1 2017’s 6.9%, and significantly slower than the 10.8% high recorded in Q1 2016.
This is according to the FNB House Price Indices for the country’s major regions, which pointed out
While there has been a level of overtrading in the Western Cape housing market, which is slowly losing steam, there is still value to be had in Cape Town. This is according to Siphamandla Mkhwanazi, Standard Bank consumer economist, who was speaking at the bank’s
In the span of a decade the Cape Town suburb of Mouille Point has changed its image and, consequently, its buyer appeal, to rank on par with its Atlantic Seaboard neighbours.
Apartment prices sit within the R6m to R10m bracket, with top-end properties breaching R100m.
Although Cape house prices have increased by double digits in certain nodes, “many estate agents continue to talk up and exaggerate the strength of the Cape market”.
This is according to Rowan Alexander, director of the new Brackenfell-headquartered company, Alexander Swart.
“It is absolutely true that this
If suburbs with lower crime rates are more attractive to property buyers and tenants, and can attract higher sale and rental prices, why is Western Cape property some of the most expensive in the country?
According to property data analytics company, Lightstone - which used crime
Three large blocks of flats in the Maitland area are due to be auctioned off next Tuesday as part of a family portfolio disposal.
Located off Koeberg Road, near Voortrekker Road, all three blocks are conveniently located for commuters, ensuring a high retention of tenants. The
Designer and graffiti artist Quasiem Gamiet has lived in Salt River for more than 20 years. Gamiet has been spray painting murals and other artwork across Cape Town for the past ten years. Earlier this month, Gamiet took GroundUp on a guided tour of some