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Property News

Higher fuel prices, lower GDP and traffic will change home-buying in SA

18 Jun 2018

The combination of the fuel price hike and the sharp decline in SA's economic growth rate during the first quarter is going to increase urbanisation and intensify the demand for homes close to work, shops and schools. Many consumers who already live in urban areas are now looking to reduce their tr...

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What happens to a tenant when a property is sold?

15 Jun 2018

When a property is sold when it has a tenant in occupation, the questions often raised are: "What happens to the tenant if the landlord sells the property?", and what rights the tenant will have with regards to cancelling the lease or enforcing it, says Sunell Afrika, rentals manager for S...

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Private sector can help with affordable housing

15 Jun 2018

The demand for affordable housing is, in the mind of Brett Herron, the City of Cape Town's mayoral committee member for transport and urban development, "one of the biggest challenges Cape Town is facing at the moment", and within the affordable housing range, is the gap market. There a...

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Help for property buyers in Gap market

14 Jun 2018

Buyers in the so-called gap market earn too little to qualify for home loans from commercial banks, but too much to qualify for the government's free basic housing scheme or RDP housing. This means buyers in this market have little chance of owning their own homes - despite being permanently empl...

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