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Monday May 22, 2017

Deteriorating rental payments hurts landlords

The percentage of residential tenants who paid their rental on time has deteriorated by six percentage points to 66.08 percent in the first quarter of this year from 72.52 percent in the third quarter of 2015.

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New bank to focus on 'gap market'

The chief executive of the newly established Human Settlements Bank predicts the new institution will be able to help as many as 3 million people in the gap market.

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Smaller properties consistently performs better

There's good news for investors disheartened by property prices in South Africa. Smaller and more affordable properties are almost invariably the highest performers.

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Friday May 19, 2017

Public inquiry into timeshare schemes

The National Consumer Commission yesterday launched a public inquiry into the timeshare industry following thousands of consumer complaints against holiday clubs and other industry stakeholders over the past two decades.

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New bank to help those in housing market gap

Human Settlements Minister Lindiwe Sisulu has announced the establishment of a bank that will deal with people in the housing gap market.

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Thursday May 18, 2017

Property sellers must budget for advance municipal rates payments

Apart from the cost of inspections and obtaining various certificates, property sellers also need to budget to pay municipal rates and taxes in advance.

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Get approval before building

Property owners need to ensure that the correct procedures are followed before they start building.

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Wednesday May 17, 2017

Getting to grips with your garage

Is your expensive vehicle currently "homeless" - left outside at night, exposed to the elements and possibly also the eyes of thieves? Does it have to live in the carport or on the driveway because your garage is too full of "stuff" to park it there?

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Monday May 15, 2017

Make sure your estate has a rental management policy

If you are buying a property in an estate or a cluster home complex, ensure the homeowners' association has a formal policy covering the letting of homes in the development as well as the obligations of the owners who decide to become landlords.

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Cape Town luxury market beats economic expectations

The Western Cape's buoyant luxury market has ensured that homes, with an average price of R2.276 million, have outperformed every other sector nationally except the low-cost sector, according to first quarter FNB Area Value Band House Price Indices.

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