SA moves to alert Level 1 | End of payment holidays to make SA’s debt crunch real

South Africa will move to Alert Level 1 at midnight on Sunday, 20 September – and the remainder of the restrictions imposed during the past six-month lockdown under a state of disaster will be eased. While the residential property market has seen signs of an earlier than expected rebound, beyond …

SA divorce rate ‘on the rise during lockdown’

The national lockdown has put a strain on our everyday lives. When it comes to relationships, even more so.  After reading copious amounts of articles and data, many couples admit the global pandemic has forced them to re-evaluate their relationships, often choosing to separate for what ever reason. According to …

Recent rate cuts shave over R1.5k off a R1m bond – but is it enough?

The fourth interest rate cut of 2020, as announced on Thursday by the South African Reserve Bank Monetary Policy Committee, presents a mixed-bag for the property industry.  The 50 basis point interest rate cut brought the cumulative repo rate reduction in the current interest rate cutting cycle to 3 percentage points (starting …