The laborious bond application process is even more painstaking for the self-employed and it’s critical that these buyers take the time beforehand to familiarise themselves with exactly what is required and the criteria to be met as applications can easily be delayed - or even declined - due to simple omissions or errors.

Although a date is yet to be set for the implementation of the looming Rental Housing Amendment Act, many of the proposed changes, including criminal liability for non-compliant landlords, have sparked considerable concern.

Spiralling electricity costs and the escalating energy crisis have fuelled a fast-growing trend towards energy-efficiency and green building principles during the past decade, but ecological awareness could prove a costly exercise for Cape home-owners who fail to comply with new regulations.

Buying and selling property is a complex process, made all the more daunting by a multitude of potential pitfalls that can compromise a sale, but even more perilous is the proliferation of brazen fraudsters whose increasingly sophisticated scams are not only fleecing buyers and sellers but also property practitioners.

Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.

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