New development for Tyger Valley
A new development, which will cost a total of R124m is to be built in the Northern suburbs of Cape Town. The four storey office blocks will provide 8 600sq m of offices and will be linked by a common podium with a two level parking basement with bays for 343 vehicles.
The development is an initiative from Charles Potgieter and Nedbank Corporate Property Finance (Cape Town) to make Cape Town’s Northern suburbs a more exclusive corporate neighbourhood.
Preparing for a home loan – how to protect your credit
When deciding to apply for a home loan, there are a few things you should take into consideration before approaching the bank or lender. Especially with the new National Credit Act, you should prepare your credit status so that you can fit the profile of a homeowner.
Banks no longer only look at your salary when you apply for a home loan. They look at the whole package. They look at what you earn, what you spend, which deductions are being made, and most of all, your credit report. They look at your monthly expenditure such as home loans, retail store accounts, medical aid expenses, travel expenses and insurance.