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Read more about the article IN A NUTSHELL

IN A NUTSHELL

  • Post author:Heinz Cilliers
  • Post published:April 5, 2025
  • Post category:Industry News

Court ruling regarding outstanding levies – Body Corporate In a court case on 3 January 2025, the Body Corporate of a complex with sectional title units, and the owners of…

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Read more about the article VAT INCREASE

VAT INCREASE

  • Post author:Heinz Cilliers
  • Post published:March 22, 2025
  • Post category:Industry News

“Finance Minister Enoch Godongwana has announced that VAT, currently at 15%, will increase by half a percentage point in 2025/26 and another half a percentage point in the following year. The…

Continue ReadingVAT INCREASE
Read more about the article What can you do if your landlord doesn’t pay your deposit back

What can you do if your landlord doesn’t pay your deposit back

  • Post author:Heinz Cilliers
  • Post published:March 10, 2025
  • Post category:Industry News

When renting a property you need to pay a deposit upfront. This could be for one to three months in advance.In South Africa landlords are legally required to put rentals…

Continue ReadingWhat can you do if your landlord doesn’t pay your deposit back
Read more about the article Another repo rate cut, what now?

Another repo rate cut, what now?

  • Post author:Heinz Cilliers
  • Post published:February 11, 2025
  • Post category:Industry News

PROPERTY PROFESSIONAL EditorLast week, the repo rate was cut by 25 basis points for a third time, bringing the prime rate to 11%. In our quarterly update on the repo…

Continue ReadingAnother repo rate cut, what now?
Read more about the article Expropriation Bill 2025

Expropriation Bill 2025

  • Post author:Heinz Cilliers
  • Post published:January 30, 2025
  • Post category:Industry News

Article written by Private Property Reporter What property owners in SA need to know On January 23, 2025, President Cyril Ramaphosa signed the Expropriation Bill into law. This new law…

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Read more about the article COSTS INVOLVED WHEN BUYING INSOLVENT PROPERTY

COSTS INVOLVED WHEN BUYING INSOLVENT PROPERTY

  • Post author:Heinz Cilliers
  • Post published:December 5, 2024
  • Post category:Industry News

Firstly, as when buying any other property per norm in SA, there will be attorney fees and bond costs involved. (ONLY BOND COSTS if you take out a bond from…

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Read more about the article HOW TO MAKE THE MOST OF A PROPERTY AUCTION

HOW TO MAKE THE MOST OF A PROPERTY AUCTION

  • Post author:Heinz Cilliers
  • Post published:December 4, 2024
  • Post category:Industry News

Article written by Sarah–Jane Meyer in Property Professional The practice of using auctions as a means of buying and selling property has become more popular in South Africa, and this applies…

Continue ReadingHOW TO MAKE THE MOST OF A PROPERTY AUCTION
Read more about the article SECOND REPO RATE CUT

SECOND REPO RATE CUT

  • Post author:Heinz Cilliers
  • Post published:November 28, 2024
  • Post category:Industry News

 The South African Reserve Bank has cut the repo rate for the second time this year, by 25bps (basis points). The repo rate is now at 7.75% and the prime…

Continue ReadingSECOND REPO RATE CUT
Read more about the article RENTAL INDEX SOUTH AFRICA

RENTAL INDEX SOUTH AFRICA

  • Post author:Heinz Cilliers
  • Post published:October 18, 2024
  • Post category:Industry News

GautengHas a steady increase. It is SA’s economic hub that attracts property investors and renters. The infrastructure, amenities and job opportunities makes it a desirable location for South Africans.North WestHas…

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Read more about the article Residential Property Index

Residential Property Index

  • Post author:Heinz Cilliers
  • Post published:October 14, 2024
  • Post category:Industry News

Residential Property Index From Lightstone LIGHTSTONE AREA VALUES BANDS INDEX LUXURY:   > R1,5 milHIGH VALUE: R700 000 to R1,5 milMID VALUE: R250 000 to R700 000LOW VALUE:  < R250 000 NATIONAL YEAR ON YEAR HOUSE PRICE…

Continue ReadingResidential Property Index
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