THE UPS AND DOWNS OF PROPERTY CO-OWNERSHIP
Property ownership is no small feat. It is one of the most reliable forms of investment and one of the biggest items that most people have on their financial “to-do” lists. Unfortunately, it is not always an easily achievable goal. Property ownership has always been a costly endeavour, and in recent years the age of […]
WHEN WILL SA’S RENTAL MARKET RECOVER?
While restaurants, shopping malls and beaches may look somewhat similar to what they did before the pandemic, nevermind lockdown regulations and social distancing protocols, the real estate rental market has not recovered quite as well as the consumer market. Studies conducted by the TPN Credit Bureau have indicated that, at the start of the hard lockdown of 2020, only half of short-term credit accounts were paid in “current” terms. […]
PROPOSED LEGISLATIVE CHANGE: VAT AND THE TEMPORARY LETTING OF PROPERTY
The VAT Act makes provision for the supply of residential fixed property by a VAT vendor (being a property developer) to be subject to VAT at the standard rate of 15%. The property developer has to charge VAT on the sale of the residential fixed property. Depending on market conditions, residential fixed property developers are at times […]
THE IMPACT OF THE PANDEMIC ON THE RENTAL MARKET
As the property market continues to piece itself back together amid the ongoing pandemic, the rental market continues to feel the impact of the times more than any other sector in the real estate industry. While property sales have slowly picked up, and first-time homeowners are enjoying the advantages of a buyer’s market, empty rental properties continue to fill the market. With one […]
WHAT’S NEXT FOR THE PROPERTY MARKET?
Many industries are piecing things back together again this year, as they try to recover from the effects of the pandemic or recreate themselves to remain relevant in a changing world. One industry that has been left unaffected to a great extent, and yet has had to re-create itself almost entirely in the same breath, is the real […]
MOVING OUT? WHAT TENANTS NEED TO DO BEFORE MOVING OUT
We all know that moving can be stressful and time-consuming, but before you start packing your boxes, there are certain things that you need to keep in mind before move-in day. As stressful and time-consuming as moving might be, it can also be exciting as you are moving on to better and greater things. However, […]
HAVE YOU FINALLY FOUND THE PERFECT FIXER-UPPER?
Fixer-upper properties. We all know and love them. There’s something about finding the perfect property that might be a little dated or run down and fixing it up to reach its full potential. If you find the perfect fixer-upper, you can maximise your return on investment, but first thing’s first, finding the right property. If […]
EXPLORING A POTENTIAL PROPERTY
Purchasing a home is one of the biggest decisions most people will make in their lives. It makes sense then that this endeavour should be approached with diligent consideration and care. While the necessary assistance of professionals, who will help you make the best decisions along the way, is highly advisable for this journey, there […]
REVAMP YOUR RENTAL HOME
Living in a rented apartment doesn’t mean you can’t make your living space your own. There are many ways in which you can make your rented property feel more like home, and it all begins with adding a bit of your own individuality and character to the aesthetics of your home. Switch out a light fixture Chances are that you’re […]
MAKE SURE YOUR PROPERTY FLIP DOES NOT FLOP
During Season 4 of Modern Family, viewers sat in stitches watching as Cam and Claire tried their luck in house flipping, where a property is bought with the sole purpose of improving it and reselling it at a profit. Needless to say, things went wrong. What else would you expect from a sitcom? And what else would you expect from an episode titled “Flip Flop”? But maybe we can help […]