The Australian mortgage broking industry has come under close scrutiny following allegations that it’s partly to blame for Australian household debt levels being among the highest in the world.
It is very important to know when value-added tax (VAT) will be payable on property sales and how to properly make provision for it.
With property in coastal towns continually increasing in value, this remains a lucrative investment whether a client intends to live there now or later when retired.
The ball is finally rolling to get the Property Practitioners Bill into law, possibly even before next year’s elections in May.
Despite hopes that the interest rate would be kept the same ahead of the festive season, the increase of 25 pts (increasing the base home loan rate to 10.25% from 10%), means home-owners and buyers will have continue tightening their belts.
With more than a third of all rental tenants in South Africa classified as high-risk, risk management should be the key priority of a rental agent. Do your homework before signing a tenant, once in it can be very hard to remove a ‘bad’ tenant.
In many regards, the real estate industry is still a bastion of male domination; a field in which women remain under-represented at a senior level and are far less likely to attain executive positions – even though at least half the estate agents out there are women.
ADVERTORIAL: Jawitz Properties recently premiered their new brand campaign #RealLifeRealEstate along with their new brand ambassador, football legend and previous Jawitz Properties client, Lucas Radebe.
Jan le Roux, CE of Rebosa, wrote the following article regarding the turmoil in the real estate industry over the new feature FNB added to their banking app enabling their clients to privately list and sell their properties online without estate agents.
Affordability and location have emerged as key considerations with property buyers during this tough as nails year and they are expected to remain important in 2019.