MOVING HOMES, PREMISES OR BUSINESSES

MOVING HOMES, PREMISES OR BUSINESSES: REGULATIONS ADAPTED Thursday, 14 May 2020 Regulations published this afternoon by virtue of Government Gazette 43320 have made the movement of persons and businesses easier than the previous regulations allowed for during Level 4. Moving across provincial, metropolitan, and district boundaries is now allowed, once-off, no matter when...
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Purchasing property post lockdown

Here’s what property buyers need to know about the way forward after SA's lockdown. Questions around the impact of the COVID-19 lockdown on the residential property sector have been rife – and with good reason as property is a sector that contributes significantly to the GDP. More than that, property is inextricably linked to accommodation and shelter, one of our most fundam...
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Schools Reopening Plan

The Department of Basic Education has health precautions planned to prevent the spread of the novel coronavirus when schools reopen.  The precautions are outlined in the department's Covid-19 basic education sector plan which was presented to Parliament's Portfolio Committee on Basic Education and the Select Committee on Education, Technology, Arts and Culture on Wednesday m...
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FNB’s Residential Property Barometer

Excerpts from the latest FNB’s Residential Property Barometer for March 2020. Main Points The FNB House Price Index (HPI) showed that house price appreciation slowed to 2.8% y/y in March, the lowest print since May 2011 (i.e. in close to 9 years).  Importantly, the HPI is based on FNB’s mortgage approvals and mainly covers the period before South Africa went into lockdo...
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Dear South African friends

As we go into lockdown in South Africa (and Ireland where I am) I thought to post some thoughts. These are trying times for us all. Many of us will go through similar cycles of fear for our own well-being, and for our family; concerns for our jobs or income, and worry about how the financial markets will affect economies and ultimately impact us. As we should all know by ...
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All Beaches Are Closed

The City of Cape Town has decided to close down beaches as people continue to visit them despite calls for social distancing. Beaches will close starting tomorrow morning, Tuesday, March 24, to limit public contact as the country battles the spread of the coronavirus (Covid-19). Swimming, surfing, kite-surfing, kayaking, recreational fishing, and any other beach or water-bas...
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Moving Your Money

At the end of 2018 I sold my house in Cape Town as I was moving to Ireland. Although I have been in Cape Town real estate for over 35 years, I was still shocked at what banks wanted to charge me for transferring my money overseas. If an international exchange of funds is involved in your property transaction you should pay close attention to the exchange rates you will be ch...
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#PositiveFacebookPage criteria for this Blog / Website

With immediate effect, this Website will subscribe to the #PositiveFacebookPage criteria of no longer covering any negative reporting on issues. We have unprecedented challenges ahead of us. This is NOT ABOUT SUGAR COATING community news but about playing a positive role in an unprecedented time of national crisis. This is now the calm before the storm and its time NOW t...
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Cleaning Routines to Keep Your Home Virus-Free

We want 'home' to be a haven (especially during stressful times), and part of that, at a fundamental level, means living in a space that helps keep us healthy. According to the most current evidence from the Centers for Disease Control and Prevention, the virus that causes COVID-19 is spread primarily through close personal contact (within about 6 feet). So it’s more important ...
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Showhouses & Coronavirus

Within a week everything so much changed! Like every business, real estate companies are scrambling to understand and make changes that are sure to be required due to the Coronavirus measures being implemented. Here are seven common-sense measures all agents and sellers and buyers should follow for showhouses: Buyers should view the property online first and shortlist t...
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