select
|

Don’t lose sight of security

Crime is decreasing in SA and, thanks to a R2bn allocation in the latest national Budget, police numbers are to be increased by a further 12 000 – but that does not mean that homeowners can afford to get lax about security.
 
“The latest available crime statistics, which show a significant drop in violent crimes, are very encouraging,” says Harcoruts Africa CEO Richard Gray, “as is the fact that the government is putting really significant resources into safety and security.
 
“However, we don’t believe this means that the private security companies are going to go out of business any time soon – or that security considerations should now take a back seat when people are house hunting or trying to sell their property.”
 
For example, he says, those who are considering buying a home in a security complex or estate should not just assume it will be crime-free because there is a wall around it or a single access point with a boom. “You will be paying good money for peace of mind if you buy into such a complex so you will want to be sure that the electric fence actually works, or whether there is a 24-hour guard on the gate, or whether there is an emergency response plan.
 
“You also can’t divorce any development from the surrounding area, so you need to take a good look at that as well. You don’t want to have to ‘run the gauntlet’ through a bad neighbourhood every time you go out or return home to your secure enclave.”
 
Similarly when it comes to freehold suburban properties, says Gray, prospective buyers need to check that alarm systems actually work, that the necessary burglar guards are already in place, and that the house has adequate fencing or walling.
 
“Apart from anything else, it can cost thousands of rands to install security systems and equipment in a house that does not have them, and once you have paid a deposit and the transfer costs, you might not have the enough cash to do so. In addition, living in an unsecured property will most likely mean higher premiums on your household contents policy.”
 
He also says the need for good household security is not just an SA problem. “All over the world, we see people having to be more careful about their personal safety and having to take more responsibility themselves for the security of their families and belongings. And it certainly makes sense for those who are trying to sell their property to ensure that they can present it as secure, or it is most likely that prospective buyers will simply lose interest.”
 
ISSUED BY HARCOURTS AFRICA


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 19 Jun 2018
      In the current market, letting out a property can be a good option as rental demand remains strong, especially in the northern suburbs of Johannesburg. This is according to Chris Renecle, MD of Renprop. However he says that before homeowners let their property out, there are five key points they should make sure are covered before they market the property for rent and sign any lease agreements.
    • 19 Jun 2018
      The Capetonian dream is to live by the ocean with the iconic mountain making an appearance somewhere in the horizon. But, that dream comes with a hefty price tag that many simply cannot afford. But, should you venture some kilometres out of the city centre, entirely new realms of beachside bliss await you …
    • 19 Jun 2018
      Douw Steyn, one of the richest men in the country, recently allowed a rare glimpse into his Fourways Palazzo when it was featured on the SABC lifestyle programme Top Billing - and it is beyond your wildest dreams!
    • 18 Jun 2018
      Many home sellers are motivated to appoint estate agents because they know that the agency will carry the costs of advertising and marketing their property.
    • 18 Jun 2018
      When a property is sold when it has a tenant in occupation, the questions often raised are: “What happens to the tenant if the landlord sells the property?”, and what rights the tenant will have with regards to cancelling the lease or enforcing it, says Sunell Afrika, rentals manager for SAProperty.com.
    • 18 Jun 2018
      Sellers are often caught off-guard by the expenses incurred in the selling of a property. Just like there is no such thing as a free lunch, there is also no such thing as selling your property without incurring at least some costs.
    • 15 Jun 2018
      The second quarter of 2018 has proven to be the turning point for Midrand’s real estate market, especially the upper end which started to waver towards the end of a tumultuous 2017 with a notable drop in both sales and average selling prices.
    • 15 Jun 2018
      According to data recently released by FNB, the average age of a South African home buyer has increased from 38 to 44 this year. In an attempt to help first-time buyers enter the market sooner, Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, walks us through the steps of saving for your first home.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK