New National Credit Act is forcing banks to turn down loans. Home buyers are finding it harder to get loans approved due to stricter requirements under the new National Credit Act.

Absa Bank, the largest retail bank in South Africa, admitted that it had to turn down more home loan applications since the law came into effect on June 1...

ANC members, through responses to the policy conference documents, want the state to intervene to bring down spiralling property prices. This was revealed on Monday by Public Works Minister Thoko Didiza, speaking to reporters in her capacity as chairperson of the ANC's social transformation committee.

The issue is going to be one of the contentious debates at next week's ANC's policy conference - a preparatory forum to discuss policies for adoption or rejection by the national conference in December...

Many agents won't explain the vital details in important legal documents to a seller, which is often detrimental and could even end in disaster.

Agents will often almost shockingly "do almost anything to avoid explaining legal documents to their clients", says Lanice Steward, MD of Anne Porter Knight Frank...

Many jokes do the rounds about what the jargon in real estate advertising really means. But a Canadian study has now shown that the choice of words in an ad really does influence selling price as well as the time it takes to sell a property.

Quoted in the Chas Everitt International newsletter Property Signposts, the research was conducted by Professor Paul Anglin of the University of Guelph in Ontario, who studied the response to about 20 000 listings over a period of three years...

In 1851, the Norwegian Missionary Society established a station on the banks of the Mpangeni River. The river was named after the profusion of Mpange trees growing along its banks, and the settlement that formed around the station took the slightly Anglicised name of the river.

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Words: Anne Schauffer Photography: Andrew Bannister

Devi Sankaree Govender remembers the precise moment she and husband Perumal Moodley knew a move was imperative. ‘We were just coping in my tiny one-bedroom flat in Morningside,’ says Devi. ‘I was juggling the roles of features editor of the Sunday Times, a daily talk show on Lotus FM, presenting Eastern Mosaic and, yes, my pregnancy as well, when there was a knock at the door. The textbooks for our MBAs had arrived. Two heaps of them. Our little fold-up dining-room table couldn’t cope. It was time.’

Demolition takes careful planning

As land becomes increasingly scarce and expensive in the SA residential property market, two notable trends have emerged: Subdivision of large stands to accommodate two or three homes where there was one, and the demolition and replacement of old homes in sought-after areas.

Subdivision is clearly evident in established suburbs such as Bryanston, Constantia and Waterkloof, where very large stands were prevalent, while complete rebuilds are noticeable in areas such as Camps Bay and Llandudno, Houghton and Brooklyn in Pretoria.

Add method to the madness with these packing tips. You can make packing your things a lot easier with these simple techniques:

Use the proper packing materials. It will pay off in the long run! Sturdy boxes, packing tape, bubble wrap can all be purchased at local moving or shipping companies. Wardrobe boxes and other speciality boxes can be found there too. Sturdy boxes can also be retrieved from wholesale companies, at no charge, after a shipment. Other great types of reasonably priced padding for your boxes include wadded-up newspaper, old pillows and blankets...

Environmentalists are gravely concerned about proposed legislative amendments before Parliament – by two government departments - they say will take away any control of landowners over their own land and also deny the public any participation in environmental impact assessments (EIAs).

If a key element in proposed amendments to legislation is accepted, hugely positive environmental gains made since the advent of democracy in 1994 could be reversed, the Botanical Society of SA has warned, and result in an effective blanket exemption from environmental authorisation being published for public comment...

We are constantly look for avenues to advertise the properties of our CyberAgent users and will continue doing just that. Our newest avenue, www.funnel.co.za, one of South Africa's top search engines.

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

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