Property News

As with most other businesses, the various Deeds Offices across the country close over December, most of which close around the 21st and re-open around the 2nd of January. This means that the standard eight to ten working day waiting period will not apply to sales that have been completed during December. Delays are also likely to occur on transactions which are completed in January, as the Deeds Office often only employ skeleton staff for the first few weeks and will have to catch up on the backlog when they get back into full swing come the middle of the month,

Following another year of tepid economic growth, and with the latest round of load shedding further dampening the economy and expected to result in a Moody’s downgrade early next year, where does that leave South Africa’s residential property market?

Traditional and dated old age homes are a thing of the past, today retirement villages are being developed for a new generation of retirees. Those who find themselves with time on their hands to enjoy their new lifestyle and perhaps to travel but they nevertheless still want to plan for all eventualities