Property Review 2018 – 21

BetterBond says that the affordable sector of our property market is performing well. It quotes statistics from some deeds offices, which shows that bonded transfers of such properties are some 10% (and more) higher than the equivalent six-month period, last year....

Property Review 2018 – 19

FNB has created an app which provides a quote for your current home, assists you in finding a new home and gives you pre-approved finance. Not a bad idea: Reference   FNB estimates that the percentage of sellers selling to downscale, owing to financial pressure,...

Property Review 2018 – 18

The retail property sector appears to have outperformed the other property sectors over the past two or three decades, says Loos – FNB. The long-term house price index had inflated by 670% since 1996 and that of the retail property market by 877%.   IOL,...

Property Review 2018 – 17

Conveyancing: some years ago, it became a practice requirement to refer to the 1971 Sectional Titles Act, rather than the 1986 Act in the first condition following the property description in sectional title deeds. We are now finding increasingly that our Deeds Office...

Property Review 2018 – 16

Huletts is reportedly targeting an area across the Shongweni turnoff off the N3 for a new town development to be named Ntshonweni. Take a look at this report: Reference   Rhode opines that house prices in South Africa are still high in real terms. He forecasts that,...

Property Review 2018 – 15

In the halcyon days of yore, the Pietermaritzburg deeds office would take in some 1400 lodgments per day. This is down to just over 500. I asked why? Interestingly, the answer lies not primarily with our poorer financial circumstances, but the State virtually ceasing...