11-point plan to post-lockdown economic recovery for SA’s property sector

By Tholo Makhaola, President of the South African Institute of Black Property Practitioners The South African Institute of Black Property Practitioners says already-vulnerable township businesses will bear the brunt of this pandemic if clear measures are not put into action to ensure a proper post-lockdown economic recovery for SA’s property sector. …

SA’s property sector speaks with one voice

Economic relief during the Covid-19 pandemic is the first order of business for the newly-formed council of the broader property sector, the National Property Practitioners Council (NPPC) that will represent the sector going forward on issues connected with the property industry. For the first time in the history of the …

Stop evictions during Covid-19 lockdown – Lindiwe Sisulu

Human settlements, water and sanitation minister Lindiwe Sisulu has asked municipalities to halt the eviction of citizens during the 21-day national lockdown. In a statement on Thursday, Sisulu appealed to both municipalities and private property owners to stop evictions. SA is on day seven of the 21-day lockdown, which was …

‘Fake news’: Department rubbishes letter claiming landlords can’t collect rent from tenants

The health department has dismissed claims that Health Minister Zweli Mkhize had barred landlords from collecting rent money from their tenants for the next 90 days. The letter, with the department’s letterhead, made the rounds on social media. It claimed that the health minister had gazetted the regulations to deal …

SA lockdown | Covid-19 funding measures put in place to buffer battered economy

South Africa will be under 21 days of lockdown from midnight on Thursday – with businesses in for a rough time as measures to break the spread of Covid-19 get serious.  On Monday evening President Cyril Ramaphosa addressed the nation detailing South Africa’s next step in its action plan to curb the …

What lockdown means for tenants and landlords

For all your landlord/tenant issues please get in touch with us (Gauteng Area) Tel: 011 740 2326/7Fax: 0866 708 326Email: info@louwrenscoetzer.co.za 27 Mar 2020 South Africa is facing a major change in daily routine as President Cyril Ramaphosa has issued a 21-day lockdown in order to stem the COVID-19 pandemic – effective …

What land expropriation without compensation will mean for homeowners in South Africa

Members of parliament met last week to discuss the long-awaited draft bill on land expropriation without compensation. With the draft bill set to be published for public comment in the coming weeks, there has been some fear-mongering on social media platforms suggesting that the proposed law will lead to Zimbabwe-like …

Is it worthwhile buying a fixer-upper?

Purchasing a fixer-upper can be an extremely beneficial financial endeavour. However, only if the buyer has taken the time to do their research and followed the right procedures to ensure they are making a sound investment decision. © victor zastolskiy – 123RF.com Irrespective of the kind of property the purchaser …

Banks Make Buying Property Easier

21 Nov 2014 Back in the pre-2007 property heydays it was quite easy to obtain a home loan at favourable rates – even as a first-time buyer. Since then it’s been tough going with local banks increasing their scrutiny of applicants, tightening their lending procedures and offering fewer, smaller home …