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%,…

How to Deal with Difficult Tenants and Overcome Problems

Troublesome tenants are any landlord’s worst nightmare. It’s a headache that no one wants, but unlike an actual headache, you can’t simply take a pill in order for the problem to disappear. Rules need to be adhered to and procedures followed, and whilst the problems may not disappear as quickly as you’d like, there are certainly ways to manage them….

How to survive Junk Status in the SA Property Market

It is a well-known fact that the recent downgrade of South Africa to junk status will have a negative effect on consumers in general. This downgrade affects us all in one way or another, and while some are tempted to stick their heads in the sand and pretend that little will change, it is to their own detriment. It may…