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Although interest rates are low, other living expenses are going up, so ensure you can afford what you commit yourself to

Experts offer advice on how to select the right agent for you when stepping into the property market

This is what you need to know about occupational rent Share Occupational rent: a concept that most buyers and sellers have some idea about – but they are not always certain of the nitty gritty. Who pays the rent to whom? How is this rent calculated? And when does it become payable? These questions can be answered by the sales agreement between the buyer and seller – but the details are often overlooked in the excitement of finalising the transaction. This can lead to friction down the line. Craig Mott, Cape Town regional sales manager for the Rawson Property Group, says occupational rent ...

Covid-19 related delays at deeds office hurt property industry Share Cape Town - Estate agents and conveyancers have said the frequent closure of the Cape Town deeds office in Plein Street due to Covid-19 scares is having a negative impact on the real estate industry. The office was closed on Wednesday after a staff member tested positive with Covid-19 and while clients had expected to have access by 8am yesterday, by 9am they were still waiting in long queues outside. Rawson property group Cape Town regional sales manager Craig Mott said: “We have many buyers and sellers who were in the pr...

Negotiating the property world in uncertain 2021 By Bonny Fourie Share South Africans active in the property market this year are likely to face some unknown environments as the country deals with the ongoing coronavirus threat and economic decline. To help them navigate these conditions, real estate experts share their insight and advice for buyers, sellers, landlords and tenants so they can be as successful as possible in the property arena. Buyers This year’s buyers should prepare and do their research into all the costs of buying a property, from transfer duty to conveyancing fees an...