Home Loans
By Ewald Kellerman on Wednesday, March 10, 2010
Stringent lending criteria by home loan banks have been a hot topic for quite some time now. At a stage of the property downturn, estate agents surveyed by FNB were quoting this as a major reason for weak activity levels in the property market. Around that time, banks had started restricting loan-to-value policies for new loans granted, implying an increased number of loans for which significant deposits were required.
By Neale Petersen on Wednesday, February 10, 2010
A recent headline article published in the latest Financial Mail written by Ian Fife called “The big property clean-out” is causing ructions in the residential investment sector. The article identifies a number of property companies, trusts and individuals who were casualties in the current property market. Included in the article on-going court case of the [...]
By Brennan Carey on Monday, November 30, 2009
For those property owners that are wanting to sell their properties the odds are that you have a mortgage on that property with one of the banks. When a seller sells their property the existing mortgage needs to be canceled on transfer and the seller is responsible for payment thereof. Most sellers are unaware that [...]
