News Hub | RE/MAX™ of Southern Africa

Bond Relief Programmes During COVID-19

4 May 2020

Tough times are ahead as South Africans as the economy gradually re-opens and recovers after lockdown. Aware of the financial crisis their customers face, many of the financial institutions within South Africa have put together alternative repayment solutions to help consumers keep up with their debt repayments without tarnishing their credit score.

News & Insights

HOW REAL ESTATE AGENTS ARE USING TECH TO CLOSE SALES

The lockdown has placed immense pressure on the real estate industry to innovate and find new ways to sell homes without meeting face-to-face. Real estate agents are still finding ways to line up deals for when transactions can be registered...

THE RULES FOR RENTALS DURING LOCKDOWNS

The lockdown situation has left many tenants and landlords in precarious positions. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, advises that each party take some time to clearly understand their rights and responsibilities over this period.

HOW MUCH HOMEOWNERS WILL SAVE FROM INTEREST RATE CUTS

At just 7.75%, interest rates are at the lowest level since 1973. This makes it easier for homeowners to afford the repayments on their home finance. To provide a simplified example of how much a homeowner stands to save, assuming interest rates change...

HOW THE PROPERTY MARKET WILL PERFORM POST-LOCKDOWN

There is a lot of uncertainty around how various sectors of the economy will perform once we gradually emerge from the various levels of national lockdown and return to business as somewhat unusual.