The Hidden Costs of Buying Property in South Africa And How to Budget for Them
Buying property is one of the most exciting financial decisions you can make, whether it’s your first home, a long-term investment, or an upgrade for your growing family. But for many South African buyers, there’s a common surprise along the way: the hidden costs that come after you sign the offer to purchase. Understanding these […]
Repo Rate Relief: What May’s 25 bps Cut Means for Property Sellers, Buyers & Estate Agents
The South African Reserve Bank (SARB) trimmed the repo rate by 25 basis points to 7.25 %, a decision that pulls the commercial banks’ prime lending rate down to 10.75 % with effect from 30 May 2025. For ordinary South Africans the headline is “slightly smaller monthly repayments”, but for anyone involved in a property […]
