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Tuesday Apr 24, 2018

Tax hikes and expropriation debate dampens property market

The indirect tax hikes announced in this year's Budget and the proposed expropriation of land without compensation have depressed confidence in the residential property market in the first quarter of this year.

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Electricity price hike shocks Cape pensioner

A pensioner from Tamboerskloof in Cape Town said she was in shock after she recently received an email about her electricity tariff.

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Monday Apr 23, 2018

Islamic banking offers alternative form of mortgage loan for everyone

Islamic banking offers an alternative to people wanting to buy property, and anyone can use it, regardless of religion or ethnicity.

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Gardens resident in shock over whopping water bill

A Gardens resident was shocked yesterday when the City of Cape Town sent her a water bill for R1 565 811.04.

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Valued tenants should be nurtured, says expert

Tenants who pay a monthly rental inclusive of utility charges may not escape this month's VAT increase as landlords are obliged to pass on these escalations to their tenants.

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Wednesday Apr 18, 2018

Joburg property owners not receiving billing statements

Thousands of City of Joburg residents have not received their monthly statements due to the billing system being updated to accommodate the VAT increase.

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Monday Apr 16, 2018

Property owners contest Clifton land sale

The City of Cape Town's controversial R1 billion sale of land between Clifton and Camps Bay to private developers has been thrust into the spotlight again following a court application in the Cape High Court this week.

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Relief for Joburg rates objectors

Relief is in store for 40 000 residents who believe their properties were overvalued by the City of Joburg in its new general valuation roll released last month.

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Fewer buyers, but banks grant more home loans

There has been a 4% increase in the number of home loans granted over the past 12 months, even though the number of home loan applications has fallen off by a similar percentage.

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Pensioner 'owes' Joburg R91 000 for water

A pensioner has accused the City of Johannesburg of snubbing its own ombudsman's recommendations not to cut her water and to correct her bill after she was charged more than R91 000.

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