Get home loan pre-approval online in three steps

Getting home loan pre-approval online will give you a realistic indication of what you can afford, so you can house hunt with confidence. Article summary Pre-approval grants you a solid idea of what you can afford, allowing you to house hunt with confidence.You can get pre-approved online by using tools such as the ooba Bond Indicator, which provides a quick,…

7 ways to create a feature wall (that doesn’t involve paint)

Surface design is one of the ways interior decorators respond to the increasing demand for clever transformation of spaces, big or small. Lauren Juratova Here are our top 7 ways to create a feature wall without using paint. 1. Wallpaper Wallpaper is far from old-fashioned. In fact, it’s made a comeback. Today’s options can be custom designed or developed from…

Tour the colourful apartment of these Parktown sisters

The building is located in an inner-city renewal area where savvy developers have been investing in refurbishment of buildings and development of neighbourhood improvement districts. All images: Houseandleisure.co.za Article summary Heritage buildings in up-and-coming neighbourhoods could offer great deals for first-time buyers. Art-Deco developments lend themselves to eclectic interior decoration style. Look out for inner-city revival areas that may offer…

4 ways to use credit to build wealth

The concept of taking out credit has been given a hard time in recent years – following the subprime mortgage crisis in the US and rising levels of indebtedness in South Africa. The concept of taking out credit has gotten a bad rap in recent yearswith the rising level of South Africans who are over-indebted. However, according to Kay Geldenhuys,Head…

Transferring property to a family member in South Africa

If you are considering gifting property to a family member you must do your research to fully understand the financial implications and hidden costs. Article summary Do your research before deciding to gift property to a family member. Look at all the cost implications of transferring a property to a family member as opposed to bequeathing it. If there is…

The top 4 renovations that add value to your home

We all want to maximise that precious renovation budget, so here’s some advice on what will bring you the best financial return. Article summary Kitchens sell properties but can also be the most expensive room to renovate. Bathroom renovations tend to be fairly low-cost and can deliver good bang for your buck. Loft conversions and extensions can add much needed…

10 questions to ask your attorney when buying a house

From who to pay your deposit to, to how long the transfer process will take (and where to pick up the keys), these are the top questions to ask your conveyancer. Article summary A conveyancing attorney is trained to deal with issues specific to the law of real estate and is an invaluable resource when buying a new home. You…

How to secure your home against burglars in South Africa

Effective security should be a priority when moving into a new home, and knowing how to secure your home is crucial for your own peace of mind. Article summary It’s essential to know how to make your house safe from burglars in South Africa to ensure your personal safety as well as to safeguard your belongings. This will add value…

How to qualify for a second home loan

Home loans’ guide for home buyers needing a second home loan will help you turn what you already know, and what you already own, to your advantage. Article summary Even though you already own a property, you’ll have to go through the same process applying for a second home loan as you did for the first, including a credit check….

Transfer duty in South Africa: Everything you need to know

Home Loans’ guide to transfer duty provides all the need-to-know on calculating and paying this mandatory property tax. Article summary A property transfer duty is a tax payable by buyers of all types of properties purchased for more than R1000 000. Transfer duty is owed over and above the selling price and is based on the value, not the price…