Property News - November 2014

Welcome to our Property Investment Newsletter the aim of which is to keep you up to date and informed as to the most recent property trends and news. 

Are you experiencing challenges in collecting your rent, recovering municipal charges and maintaining accounting records? If so, then please contact us for assistance. We are well positioned to manage your property portfolio, collect rent and municipal recoveries thereby giving you a consolidated and efficient property management platform from which to grow your Portfolio or focus on your core business. 

Articles

International Property - UK Housing Market Faces Pre-election Slowdown

London, UK – the General Election  will influence the direction of the housing market significantly, in the coming year, especially in central London, but growth will get back on track over the next five years to 2019

SA Property - Warring Neighbours in a Sectional Title Duet

The term ‘duet’ normally suggests cooperation and harmony, but in the world of sectional title, it has a less appealing connotation.

Scotland Stamp Duty - Proposed Land and Building Transaction Tax (LBBT)

Knight Frank welcomes the introduction of a more progressive method of levying stamp duty on residential property, but levying such high rates could entrench a more static market and could impede the efficient use of property. 

Durban Property - New phase released for commercial and retail development in Umhlanga

An exciting mixed commercial portion of land ideal for a range of commercial, retail and business park development is being made available by Tongaat Hulett Developments, the property development operator within the Tongaat Hulett stable.

Water Drainge - The SA Common Law Rule and why this case is important

The general rule in our law is that lower lying properties are obliged to accept water from higher lying properties. This may seem very simple but as this case explains there is more to this issue.