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Property News - 25 September 2015

FROM THE EDITOR

Some good news for home owners this week; it was decided at the Monetary Policy Committee meeting held on 23 September 2015, to keep the repo rate steady at six percent instead of implementing a further hike. Read more in Logical decision by the MPC to hold repo rate steady

Thinking of selling your home? Bill Rawson, Chairman of the Rawson Property Group, shares some good advice on what to do to increase the value of your home in Factors which can add value to a home

When buying a sectional title unit, it is important to know that by doing so you are agreeing to the conditions of buying into a scheme and that you are now a member of a group, the body corporate, who is responsible for the day to day running and financial management of the scheme. Read more in Bodies corporate explained

In Focus On this week we take a closer look at Durban North which is currently attracting buyers looking for a luxury lifestyle with it's gracious homes and proximity to beautiful beaches, high-end shopping malls and excellent schools as well as the King Shaka International airport.

Enjoy!
The editor


Property of the Week

5 Bedroom Home in Glen Ashley
5 Bedroom Home in Glen Ashley, Durban North

In the News this week


Logical decision by the MPC to hold repo rate steady

Logical decision by the MPC to hold repo rate steady
Home buyers with mortgages or seeking credit will have greeted with relief the news that the Monetary Policy Committee meeting 23 September 2015 announced its decision to keep the repo rate steady at six percent instead of implementing a further hike...
Logical decision by the MPC to hold repo rate steady

A good time for suburban home-owners to subdivide

A good time for suburban home-owners to subdivide
If you own a large property in a desirable older suburb, now would be a good time to subdivide and sell part of it, says Richard Gray, CEO of Harcourts Real Estate...
A good time for suburban home-owners to subdivide

Factors which can add value to a home - especially if it is to be sold

Factors which can add value to a home - especially if it is to be sold
South Africans, says Bill Rawson, Chairman of the Rawson Property Group, are as susceptible to trends and styles in home design and décor as any other people in the world, even when they do not realize what is influencing their choices...
Factors which can add value to a home - especially if it is to be sold

Choose estate agent carefully

Choose estate agent carefully

For various reasons many sellers are often reluctant to grant a sole mandate to the agent involved in marketing their property, and even if there is an open mandate granted, the owner will often not want to give this in writing...
Choose estate agent carefully


The registration and transfer process: what happens after your offer to purchase is accepted?

The registration and transfer process: what happens after your offer to purchase is accepted?
There’s nothing quite like that moment you hear your offer to purchase has been accepted, but once the initial thrill wears off, it can be a little daunting looking ahead to the complexities of the registration and transfer process...
The registration and transfer process: what happens after your offer to purchase is accepted?

Bodies corporate explained

Bodies corporate explained
What many people do not realise when signing an offer to purchase a sectional title unit is that in doing so they are agreeing to the conditions of buying into that scheme and they become members of a group...
Bodies corporate explained

Gas installations in ST schemes

Gas installations in ST schemes
With the rising costs of electricity, load-shedding in many areas, and many people becoming more conscious of greener methods they could use as cooking or heat sources, there has over the last five years been an increase in gas installations in many homes...
Gas installations in ST schemes

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Focus On

Focus on Durban North, KwaZulu Natal

Focus on Durban North, KwaZulu Natal
Strong demand drives up Durban North prices

Durban homebuyers looking for a luxury lifestyle continue to favour Durban North and Virgina, which offer them gracious homes and proximity to beautiful beaches, high-end shopping malls and excellent schools as well as the King Shaka International airport...
Focus on Durban North, KwaZulu Natal

>> View properties in Durban North


In the Area

Revival of Cape Town’s Foreshore precinct attracting blue chip tenants

Revival of Cape Town’s Foreshore precinct attracting blue chip tenants
Reaffirming the strategic relevance and increasing appeal of Cape Town’s rapidly transforming Foreshore area, which is undergoing considerable revitalisation, two major corporates have recently concluded lease agreements through Ikon Property Group for prime office space in the area...
Revival of Cape Town’s Foreshore precinct attracting blue chip tenants

Port Elizabeth beachfront flats attract investors

Port Elizabeth beachfront flats attract investors
Beachfront properties with sea views in Port Elizabeth are increasingly sought-after now by investors in search of good rental returns, says Nikki Strooh of leading local agency Harcourts Beachfront...
Port Elizabeth beachfront flats attract investors

CyberAgent, the real estate software solution

CyberAgent Anywhere Introduction Video

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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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