Latest real estate news in South, Oudtshoorn view all news in South
Rental Arrears worsen with a further decline expected
02 Jun 2020
The first PayProp Rental Index for 2020 has been released, and with it a disturbing statistic. During March 2020, just over 20% of tenants were in arrears, increasing to almost 24% in April.
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5 Affordable ways to renew your home
29 May 2020
After spending an extended time confined within our home, our once cosy spaces can easily start to feel more like a prison than a place of safety. For homeowners who are looking for ways to keep motivated within these challenging circumstances, a change in environment can help boost morale and make a space feel like new.
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Interest rate creates ideal climate for residential property investment
29 May 2020
The recent interest rate cut announced earlier this month, as an attempt to curb economic decline as a result of COVID-19, has brought South Africa’s cost of lending to the lowest level on record. South Africa’s prime lending rate is now sitting at 7,25%.
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Return of real estate in level 3
28 May 2020
Following the announcement that clarified the official Level 3 regulations, clause 46 read in conjunction with Table 2 makes it clear – all business services bar those stated in Table 2 may operate under Level 3. This means that all real estate services may operate as of 01 June.
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