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PROPERTY ADVICE

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THE PROCESS OF BUYING A HOME | MINIMUM QUALIFICATIONS

Better Bond , our preferred bond origination partner, will assist buyers with their financing needs through the four (4) largest financial Institutions in South Africa.

The maximum repayment term on residential or sectional title is 30 years. Vacant land is repayable over a maximum of fifteen (15) years.

• Individuals (single or joint) with a regular and reliable source of income of at least R3 500 per month.
• Any person whose employer has a group scheme arrangement with any Financial Institution.
• A close corporation, trust or company that was formed for the purpose of owning a residential property (the income of the individual (being a member, trustee, or director) is assessed for affordability).
  
  Note that the monthly home loan repayments may not exceed 30% of total monthly income (single or joint).