Comment from Carl Coetzee, CEO of BetterBond, on today's repo rate increase:

Never heard of Occupational Rent, or unsure of its purpose in your property sales contract?

So asks Dr Andrew Golding, chief executive of the Pam Golding Property group.

Initial predictions regarding the future of the residential property market as a result of the Covid-19 lockdown have painted a sombre picture: significant drops in house prices, more supply than demand, and people unable to afford their home loans. 

The Department Agriculture, Land Reform and Rural Development has announced the reopening of deeds offices across the country as per the revised lockdown regulations.

Deeds Office reopening good news for sellers and buyers of property, as well as the property industry.

“In an unexpected but welcome announcement, the Monetary Policy Committee today (14 April 2020) announced a further 100bps cut in the repo rate, reducing it to just 4.25%.

Room for further interest rate cuts, says Dr Andrew Golding, CE of the Pam Golding Property group.

For first-time buyers, property co-ownership may be the easiest and most affordable way to enter the property market.

By now the whole of South Africa is aware of the increase in the VAT-rate to 15%, announced during the 2018 Budget Speech.

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