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Tuesday Aug 04, 2020

5G 'excuse for eroding private property rights'

Draconian regulations are being proposed to allow 5G cellphone towers to be built on private property without the owner's permission.

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EMPOWERING WOMEN TO STRIVE TOWARDS SUCCESS

Women's month presents the perfect opportunity to provide hope to those who can no longer visualise a better future for themselves. This August, we celebrate all women and remind them that success is within their grasp. 

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Home-schooling spaces that increase resale value

The uncertainty of school closures and re-openings during lockdown has caused many parents to consider the alternative of home-schooling. Even after life returns to normal, many will likely continue working remotely while their children continue to learn from home. Homes with their own classroom spaces are therefore likely to become more sought-after and appreciate in value over time.

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Monday Aug 03, 2020

Durban mulls new 'fire levy' to help fill empty coffers

eThekwini Municipality is contemplating the introduction of a 'fire levy' for property owners as a means of raising extra revenue.

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Promising sales figures 'light at end of the tunnel'

Leading estate agencies say their latest sales figures suggest the light at the end of the tunnel for the residential property market may be closer than anyone thought.

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Privacy act to protect individuals in property market

The Protection of Personal Information Act (POPIA), which came into effect on 1 July 2020, is very important for the real estate players, and property buyers and sellers alike.

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What happens to tenant when landlord sells?

Landlords in the current distressed market may decide to sell their properties. This raises concerns among both the tenant who is renting the property as well as the future homeowner: what happens to the tenant when the landlord decides to sell the home?

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How to decide between freehold and sectional title

For many buyers, sectional title living offers heightened security, affordability and a more communal way of life. However, sectional title ownership comes with a variety of ownership responsibilities and legalities of which buyers are not always aware.

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'Here's how your agent earns their commission'

On average, for every hour that a real estate agent spends with the homeowner of the property they are selling, they will spend around nine hours out of eyesight working on the seller's behalf. The reason for this is fairly simple - if they don't sell the property, they don't get paid.

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Here's how much you've saved for each interest rate cut

At the current prime lending rate of just 7%, homeowners can end up spending less on their monthly bond instalments than they would in rent.

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