Estate agent education needs urgent renewal

Urban settlements, rural housing developments and housing estates will always be part of the economy and especially the South African real estate landscape.

Estate agents are the driving force in this important sector of the South African economy and to be able to provide a specialist and professional service to both the public and private sector, training is of the utmost importance.

Kustingsbrief and selling company property – two tough issues

This week Simei Verster, candidate attorney at Neumann Attorneys, addresses two tough issues in the real estate legal world – the Kustingsbrief and selling company property.

If a company wishes to sell an asset that forms the biggest part of its assets, there are certain formalities that need to be met.

Collective property buying: Here’s what you need to know

Traditionally, mortgage applicants consisted of a two people, married or otherwise, but now banks are launching lending solutions that enable groups of people to buy a house together.

A new collective buying solution, that allows up to eight people to buy a property collectively and take out a home loan for up to 30 years has recently been introduced by FNB to help make it affordable for South Africans to buy and invest in residential property by sharing monthly bond repayments with others.

Hong Kong property sector drags down global markets

SPEAKERS CORNER: Markets started the week on a sombre note after growing solvency concerns of China's property group Evergrande alarmed investors.

"Beijing has ordered Hong Kong's powerful property tycoons to do more to help solve the financial hub's potentially destabilising housing shortage", Reuters reported last week.