Property News - August 2015
Welcome to the PPI 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.
Please feel free to contact us with regards to all your Residential, Commercial and Industrial sales, lettings and property management requirements. We look forward to being of service to you!
Durban Metro - New eThekwini Water and Sanitation depot provides relief to the Southern Region
The construction of the new eThekwini Water and Sanitation (EWS) Depot in Prospecton is the outcome of a municipal decision taken in 2010 to centralise facilities to better service the expanding Southern region.
UK Property - Election Result will boost activity in Prime London
The general election result will boost transaction levels across prime London. However, prices are unlikely to spike in the short-term, says Tom Bill
Mortgage Lending - Property Buyers and Owners must make the most of low rates
In the face of higher inflation and rising home prices, the Monetary Policy Committee’s decision to leave the repo rate unchanged at 5,75% is good news for both homebuyers and existing homeowners.
SA Home Loans - Residential Building Statistics
The first quarter of 2015 saw continued subdued levels of building activity in the South African market for new housing, as reflected by the number of building plans approved and the number of buildings completed.
South Africa - Restrictions on Foreign Land Ownership
The South African Property Owners Association (SAPOA) has raised concern over South African President Jacob Zuma’s announcement during his State of the Nation Address (SONA) regarding restrictions on foreign land ownership.