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Property sector welcomes rate cut, calls for leadership to 'get its house in order'

24 Jul 2017

South African Reserve Bank governor Lesetja Kganyago, on Thursday, 20 July, announced the bank's decision to reduce the repo rate by 25 basis points, cutting the repo rate from 7% to 6.75%. The unexpected 0.25% rate cut has been welcomed by the property sector. Property sector welcomes rate cut, ca...

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Interest rate drop a relief for property owners

24 Jul 2017

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%. This decrease, announced by Bank Governor Lesetja Kganyago, follows ...

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Sectional title misunderstandings can cause problems

21 Jul 2017

Sectional title owners are often misinformed about where their responsibilities end and those of the body corporate start. To understand the situation facing most sectional title owners, it is necessary, says Alexander, to realize that there are three types of sectional title property ownership. ...

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The complexity of selling a sectional title property

20 Jul 2017

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. Selling a sectional title apartment has its own unique set of complex requirements, says Sandy Geffen of Lew Geffen Sotheby's International Realty. &qu...

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