August 15, 2005
With SA Homeloans Varifix, you now have to option to fix your home loan for a period of 20 years. There are some important things to keep in mind before signing up for such a long term.
The current Varifix rate is set at about 12%, whereas SA Homeloans and most of the larger banks currently offer between 8.5% and 9.1% on variable loans. This means that if you do fix your rate, interest rates must increase by at least 3% before you will start to break even.
Technorati Tags: standard bank home loans, standardbank
Before Nedbank goes public with its new brand campaign, it is strategically launching a platform of new and unique product offerings, to differentiate the financial institution, including two new Affinity programmes.
Boniswa Pezisa, Net#work BBDO’s Deputy MD says: “Over the years Nedbank has championed affinity marketing, which has enabled its clients to contribute towards sports, arts and culture and the conservation of endangered wildlife.
Technorati Tags: home loans, homeloans, nedbank products
Issued by: C-Cubed Communications
First National Bank (FNB) has followed its highly entertaining launch and awareness campaigns for the One Account with a tongue-in-cheek take on one of television’s most successful ‘soapies’ – Days of Our Lives.
Developed by FNB’s marketing partner, FCB Johannesburg, the new One Account campaign is called ‘Loans of Our Lives’.
Technorati Tags: fnb home loans, loans of our lives, one account
Most financial advisors are agreed that it is wise to get into the property market as soon as possible in order to start paying off your own bond rather than pay rent and pay off someone else’s bond.
However the property boom in South Africa over the last few years, which has pushed house prices sky high, has made buying a home increasingly difficult for many first-time buyers. Angelo Haggiyannes, director of Auto & General Insurance, says that while it has always been relatively common for couples to pool their income and buy a property together, now friends are doing the same in order to be able to enter the property market.
Technorati Tags: buy or rent, buy vs rent, property, south africa
18 December 2005
The bubble inflated, then burst, then inflated again. Now finally it looks as if property prices are seemingly slowing or even decreasing. According to Robyn Farrell, director of 1 st for Women, “Now could be the right time for South African women to take a page out of celebrity property moguls such as Britney Spears, Angelina Jolie and Catherine Zeta-Jones’s book, and invest in the booming South African property market.”
Technorati Tags: homeowners insurance, property market
23 January 2006
In the world of property investment, there are various points along the ‘just looking’ to ‘ready to sell’ spectrum. Protecting your investment takes on different hues at different points.
When first looking for property you have to consider the amount of ready cash available, the state of the current market, as well as your own level of experience with the many aspects of investing.
Technorati Tags: managing risk, property, real estate, risk management
30 January 2006
Investors have a hard life. Rising insurance rates, legal liability, security concerns and increasing interest rates may not be actually conspiring to give them early heart attacks, but it can seem that way. Managing risk is in large part about how to lower uncertainty by dealing appropriately with those and other stress factors.
Technorati Tags: managing risk, part 2, property, real estate, risk management
October 2006
The recent revelation by the Department of Housing that banks have to date advanced R16bn of the R42bn they agreed two years ago to lend to low-income earners has once again focused attention on SA’s need for more affordable new homes.
Technorati Tags: affordable housing, budget housing, cheap houses, property market
17 October 2006
Pretoria – Building costs in South Africa are rocketing, according to anew report released yesterday by Industry Insight, a construction industry market intelligence firm.
Avenge building costs had increased by 19.1 percent year on year during the third quarter of this year compared with an annual increase of 11.4 percent in the second quarter and 52 percent in the first quarter. The increase was based on more than 60 projects awarded in Gauteng, the Western Cape and Kwazulu-Natal.
Technorati Tags: building costs, cost of building a house, owner builder
16 October 2006
The industry should absorb negative effects of interest-rate hikes, reports David Jackson. The South African property market remains in a relatively buoyant and upbeat phase, despite underlying concerns about rising inflation and a new round of interest-rate hikes.
The property and related construction industry is gearing up for four years of heightened activity in the build-up to the 2010 Soccer World Cup and the Gautrain project. And the buying power of first-time black home-owners in the residential property market is being recognised.
Technorati Tags: property industry, property market, real estate market, sa property market
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