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Property News - 17 September 2015

FROM THE EDITOR

The prime lending rate has increased by 50 basis point over the last year and experts around the country are expecting this to be the beginning of a upward trend, with forecasts predicting further increases of anything from 50 to 100 basis points in the next twelve months. As a result, a lot of people are on the lookout for ways to protect themselves against these effects as far as possible, and the question at the top of many minds is whether negotiating a fixed bond rate could be the perfect answer. Read more in Is fixing your bond repayments a good idea when the interest rate is climbing?

Thinking of buying a sectional title unit? In Sectional Title buyer essentials, Andrew Schaefer, MD of property management company Trafalgar shares some good advice with us when buying a sectional title property.

In Focus On today we take a closer look at the beautiful Garden Route. The Garden Route is home to some of South Africa’s biggest tourist attractions and activities including The Bloukrans Bridge (the highest commercial bungee jump), Zip-lining through the forests near Plettenberg, canopy tours and the Tsitsikamma National park.

Enjoy!
The editor


Property of the Week

4 Bedroom Home in Simola Golf Estate, Knysna
4 Bedroom Home in Simola Golf Estate, Knysna

In the News this week


South Africa: Watch Out for More Bad News On the Economy

South Africa: Watch Out for More Bad News On the Economy
The recent volatility on the Johannesburg Stock Exchange and in the rand are symptoms of the way ruling classes around the world have tried to deal with the crisis in capitalism that surfaced in the 1970s and has now engulfed China too, writes Shawn Hattingh...
South Africa: Watch Out for More Bad News On the Economy

Is fixing your bond repayments a good idea when the interest rate is climbing?

Is fixing your bond repayments a good idea when the interest rate is climbing?
The prime lending rate recently jumped up another 25 basis points, totaling a 50 basis point increase over the last year, taking it from 9.00% in July 2014 to its present 9.50%...
Is fixing your bond repayments a good idea when the interest rate is climbing?

Game farm demand rises as breeding industry grows

Game farm demand rises as breeding industry grows
Increasing interest in the excellent returns to be made in the wildlife and game breeding sector is proving to be a strong driver of farm and game ranch sales in Gauteng, Mpumalanga and Limpopo...
Game farm demand rises as breeding industry grows

Property buyers are still taking home thousands of loans

Property buyers are still taking home thousands of loans

In the past 12 months, more than R37bn worth of homes have been purchased with home loans obtained through BetterLife Home Loans, SA’s biggest mortgage originator...
Property buyers are still taking home thousands of loans


Couples need to be honest about their finances

Couples need to be honest about their finances
Couples who are buying a home together need to be just as much in tune when it comes to finances as they are regarding the area they prefer and the type of property they want...
Couples need to be honest about their finances

Spring is an opportune time to put your home on the market

Spring is an opportune time to put your home on the market
Spring has sprung and this, says Tony Clarke, Managing Director of the Rawson Property Group, can be relied on to generate a new wave of buying activity...
Spring is an opportune time to put your home on the market

Reducing CGT

Reducing CGT
Many homeowners, while aware of the fact that they are likely to pay Capital Gains Tax on the profit made when a property is sold (CGT was legislated in 2001), they might not be aware of the ways in which the tax liability can be reduced, says Laurence van Blerck, property sales agent at Knight Frank Residential SA....
Reducing CGT

Sectional Title buyer essentials

Sectional Title buyer essentials
Sectional title flats and townhouses are the properties of choice for a large percentage of first-time homebuyers in SA – but while they generally offer excellent value, there are some other factors that such buyers need to consider before they sign a sale agreement...
Sectional Title buyer essentials
SAPTG Reports

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Focus On

Focus on the The Garden Route

Focus on The Garden Route
Nature lover's paradise - The Garden Route

Stretching from the South-eastern coast, alongside Mossel Bay and extending all the way to the Western Cape, including the Storm River in the Eastern Cape, South Africa boasts with this eco destination we all know as the famous Garden Route...
Focus on The Garden Route

>> View properties in the Garden Route


In the Area

Top Hout Bay agency converts to Chas Everitt International brand

Top Hout Bay agency converts to Chas Everitt International brand
After 27 years as an independent operation, leading Hout Bay estate agency RattleWalton Properties has just become the newest franchise in the Chas Everitt International property group and owners Jenny Langton and Greg Walton are now recruiting experienced, qualified agents to join their sales team...
Top Hout Bay agency converts to Chas Everitt International brand

Melville residential property market making a comeback

Melville residential property market making a comeback
The Melville residential property market has enjoyed a sharp upswing this year with prices spiking after six years of slow recovery.
Melville residential property market making a comeback

Harfield homes sought after

Harfield homes sought after
Harfield Village, situated in Claremont, has always been well known and liked for its quaint Chelsea-like feel and if one takes into account its convenient location, it explains why this area is sought after by young and old buyers alike...
Harfield homes sought after
CyberAgent, the real estate software solution

CyberAgent Anywhere Introduction Video

If you would like to know more about the above features and benefits that CyberAgent offer, visit: www.tivvit.com or email: sales@tivvit.com

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"This is not advice. Clients should not act solely on the basis of the material contained in this newsletter. Items herein are general comments only and do not convey advice per se. Also changes in legislation may occur quickly. We therefore recommend that formal advice be sought before acting in any of these areas."

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