Showing posts with category "property"

More Gauteng residents are semigrating to the Western Cape – here’s where they are moving to

The presentation on semigration – when a buyer sells a property and purchases a new one in a new province – also assessed who was moving and why.

January 7, 2022
tags
property

9 property trends to look out for in 2022 in South Africa, including the most in-demand areas

The momentum gained over the past two years in South Africa’s residential property sector has not been experienced in decades and Grant Smee, managing director of Only Realty, predicts that this uptick will continue well into 2022.

January 2, 2022
tags
property

What to expect from the property market in South Africa in 2022 – and where to buy

We are expecting to see marginal interest rate increases during the course of 2022, and economists are predicting that we will not see pre-Covid interest rates for several years. This leaves a favourable environment for buyers and property investors alike, says Paul Stevens, CEO of Just Property.

December 31, 2021
tags
property

How to make an extra R55,000 a year

You worked hard enough to finally own a property; now it’s time for your property to start working for you. In buying a home, you’re making an investment in your future, and with each bond repayment you are creating wealth for yourself. This is why owning a home is better than renting – mortgages ultimately benefit you as a homeowner, while renting benefits your landlord.

December 29, 2021
tags
property

Buying a repossessed home in South Africa – what you need to know

Bank-assisted property sales, sales in execution and sheriffs’ auctions may seem attractive, but there are issues to be aware of, says Paul Stevens, chief executive of Just Property.

December 28, 2021
tags
property

How much you pay on a R1 million – R3 million bond in South Africa right now

An increase in the repo rate by 25 basis points earlier in November, to 3.75%, left many homeowners in South Africa doing mental calculations on their monthly home loan repayments.

December 24, 2021
tags
property

12 DIY projects you can do over the holidays to add value to your home

Summer is the perfect time to get outside and take care of the home improvement projects you’ve been putting off – and novices will be happy to know that not all home upgrades and repairs demand extensive time or money to complete.

December 24, 2021
tags
property

How to cancel a home loan without penalties

Cancelling a bond is an inevitable part of homeownership, but you’re not alone if you have no idea what that process entails.

December 23, 2021
tags
property

Buildings in South Africa will now need this certificate – or face a R5 million fine and jail time

The regulations, under the National Energy Act were gazetted on 8 December 2020, and apply until 7 December 2022, meaning that building owners who have not acted have exactly a year left in which to comply.

December 18, 2021
tags
property

What to expect from South Africa’s housing market in 2022

Despite the uncertainties surrounding Covid-19 and the ensuing lockdowns, the residential property market has proven to be one of South Africa’s more resilient sectors.

December 18, 2021
tags
property

Stricter lending criteria for self-employed bond applicants in South Africa

Banks are generally more cautious about granting loans to self-employed home buyers in South Africa.

December 17, 2021
tags
property

A warning for South Africans living in complexes and estates

If you live in a sectional complex and are racking up arrear levies and electricity charges, you could find your power cut off and, if you still fail to pay, your property attached and sold. You will also be liable for legal costs.

December 15, 2021
tags
property