Does a property sale agreement go ahead in the event of death?
“We are fortunate enough to have the expertise and knowledge within our group to assist in shedding some light on what would happen in the event of such a case,” says Craig Hutchison, CEO of Engel & Völkers Southern Africa.
Karien Hunter, a practising attorney from Engel & Völkers KZN Dolphin Coast have given us her expert guidance:
How do banks asses the risks of lending home buyers money?
The commercial banks are typically key players within residential property markets, through their provision of mortgage finance. This finance is the lubricant of the engine that keeps the system active and working.
The banks have become expert in managing the associated risks of being exposed to the residential mortgage market. FNB’s recent report on the South African residential property market categorises the various risks as follows in its Housing Market Risk index:
Britain's best and worst yielding buy-to-let cities for SA investors
For many South Africans property in the United Kingdom offers an opportunity to build wealth and benefit from monthly cash returns in sterling.
Propwealth, a UK-based property investment company headed by South Africans, outlines the latest research highlighting the best, and worst, buy-to-let cities to invest in.
Just released information from TotallyMoney suggests university cities and cities undergoing regeneration offer the highest return on buy-to-let investments, with Liverpool coming out on top.
The Free Credit Report and other comparison specialists looked at over 580 000 properties across England, Scotland and Wales to rank each postcode, from best place for buy-to-let yields to worst.
Reasons why South Africans are choosing estate homes
There is a growing trend of South Africans making the shift towards living in secure, gated communities.
“We look at the some of the benefits of secure estate living, and why it could very well be the smartest move you make,” says Mike Greeff CEO of Greeff Christie’s International Real Estate. “Security estate living has become increasingly popular as it offers not only convenience, but also luxury living at an attractive price. We are seeing more and more buyers looking toward exploring this avenue.”
And this is why...
The pros of offshore property investment for retirement savings
When reviewing your retirement portfolio, it’s wise to consider all the available asset classes, including offshore property. The key, however, is to ensure you’ve done your homework and sought expert advice.
The economy and the rand have shown stability since President Cyril Ramaphosa took office. However, experts in the international property investment arena predict a potential two-year lag before South Africans see any real gains locally attributable to Ramaphosa’s leadership style.
“This ‘gap’ makes it an opportune time to take advantage of the steadier rand and to diversify offshore,” says George Radford, Head of Africa for IP Global.
Radford says buying offshore property presents double advantages of global growth due to appreciation in another currency, and passive income via rental yields.