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Friday Jul 21, 2017

Interest rate drop a relief for property owners

On the advice of the Monetary Policy Committee (MPC), the Reserve Bank decided this week to lower the repo rate by 25 basis points to 6,75%, which takes the prime lending rate and the variable mortgage rate from 10,5% to 10,25%.

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Parking bay on sale for R990 000

A Clifton parking bay which this week went on the market has raised eyebrows for its eye-watering sale price of R990 000.

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Reserve Bank announces interest rate drop

The decision to reduce the repo rate by 25 basis points announced by the Monetary Policy Committee of the South African Reserve Bank (SARB) will provide some relief to hard-hit consumers and home-owners, say the experts.

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Thursday Jul 20, 2017

Sectional title misunderstandings can cause problems

Sectional title owners are often misinformed about where their responsibilities end and those of the body corporate start.

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Wednesday Jul 19, 2017

The complexity of selling a sectional title property

It's a natural assumption that selling a sectional title property will be easier than having bought it, but this is not necessarily the case.

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Tuesday Jul 18, 2017

Durban residents opposed to golf course sale

A Durban North residents' group is considering pursuing legal action, against the Durban Country Club, in an effort to safeguard the Beachwood Golf Course.

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Monday Jul 17, 2017

Smoking and braaiing in Sectional Title schemes

Living in close proximity to neighbours, which is what sectional title living often is, can sometimes bring situations to the fore that might seem trivial to some, but might affect some more seriously than others think.

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Garsfontein billboard battle goes to court

The City of Tshwane has cast a shadow of doubt on the safety of billboard structures standing tall over Garstfontein Road and Rigel Avenue, which are now the subject of a legal battle.

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Top schools a priority for Cape Town property buyers

Proximity to the Western Cape's best public and private schools is a major influence on home buying in the province, with Cape Town - and the southern suburbs in particular - a huge draw-card.

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Durban Beachwood golf course is sold

Durban's Beachwood Golf Course - at one stage earmarked to be included in a plan for a R6 billion development incorporating the Virginia Airport site - has finally been sold for R95m.

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