Good news for New Homeowners: You’re Not Liable for Historical Debt

If you’re a homeowner the last thing you want to be responsible for is the previous owners’ unpaid municipal accounts. The good news is that the Constitutional Court has ruled that property owners can no longer be held liable for their property’s historical municipal debt. The ConCourt’s recent ruling means that new home owners no longer need to worry about…

The Repo Rate Cut and How It Affects You

The country breathed a sigh of relief when the recent announcement to reduce the repo rate by 25 basis points was made. After the downgrade to junk status there has been much uncertainty with regards to economic stability in South Africa, so to have a positive announcement was like a breath of fresh air. With a repo rate of 6.75%,…

About Platinum Century Property

Gordon and Bridget Foulis established Platinum Century Property offering property for sale in Century City 13 years ago, starting out as a husband and wife team living and enjoying the Century City lifestyle. Selling Property in Century City has been their focus for the last 13 years. They have developed a great team of like minded Sales and Rental staff…