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June 30, 2009
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.
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Filed Under:
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June 30, 2009
8 November 2006
A long overdue investigation into the laws governing the South African property industry is finally under way, on the instruction of the Department of Trade and Industry.
Various representative bodies have made submissions to the Department and Bill Rawson, Chairman of Rawson Properties, has joined them in sending through his proposals on improving the laws governing property transactions in the country.
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Filed Under:
News - Published on
June 30, 2009
4 January 2007
Johannesburg’s city council has confirmed that residents could see significant property rates increases next year when the new rates scale – linked to property values – is implemented. The increases, which have not yet been quantified, were approved by the council last month and come in the wake of hotly contested changes to the national rating system.
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