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South Africa's rental market has a problem

07 Dec 2021

Credit bureau TPN says that tenant demand for rental property in the third quarter of 2021 remains weak. This low demand is perhaps not surprising considering that the hard lockdown in the second quarter of 2020 wiped out 14% of all jobs, it says. Even after some subsequent initial job recovery, ...

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Protection of the body corporate security for arrear levies

06 Dec 2021

Introduction The judgment handed down on 23 September 2021 in the case of the Body Corporate of Marsh Rose SS No. 269/2012 v Steinmuller and others, where the court was inter alia tasked to interpret section 15B(3)(a)(i)(aa) of the Sectional Titles Act 95 of 1986 "ST Act"), would appear...

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Should you buy a new home before selling your existing one?

03 Dec 2021

Homeowners who are considering selling their property need to decide whether to want to buy another home before selling their current one or to sell first and then buy. For homeowners facing this decision factors like whether you are moving locally or to another province or country, whether or no...

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Almost 11% of residential rental properties stand empty - but rent is finally starting to rise

02 Dec 2021

* Almost 11% of residential rental properties were vacant in the third quarter from above 13% in the second, according to a new survey. * The highest vacancy rates are in the Western Cape. * While rental prices have been falling, a small average hike was seen in the past quarter. Some 10....

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