Home Loans Property News
Understanding hidden home ownership costs before buying your first home
11 Nov 2024
Before buying your first home, it’s essential to budget for hidden costs beyond the bond repayment. Common expenses include utility fees, municipal rates and taxes, homeowner’s insurance, and ongoing maintenance. Planning for these costs can help first-time buyers in South Africa manage their finances more effectively and avoid unexpected expenses.
read more
Understanding home equity - what it is and why it matters
05 Nov 2024
For many home buyers, the main focus is on creating a home, often overlooking the investment potential beyond knowing that real estate generally appreciates over time. However, understanding and leveraging your property’s equity can be transformative, helping you manage finances, invest in home improvements, and build wealth.
read more
The biggest regrets of first-time home buyers
01 Nov 2024
Buying your first home is an exciting time and it should be the start of many happy years spent enjoying your investment, however, many first-time homebuyers find themselves facing unexpected challenges or wishing they had made different choices.
read more
What happens to your home loan when the unforeseen happens?
31 Oct 2024
Unforeseen life events like divorce, the death of a loved one, financial challenges, or a new partnership can turn even the most stable home loan into a stressful situation. Navigating a home loan under these conditions can be challenging, but understanding your options can help you make informed decisions and avoid unnecessary financial strain.
read more