Property News - September 2011

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.
 
This month you will notice an improved look and feel to our website. This is in celebration of our 60th edition of Property News and part of a major upgrade aimed at making your search for properties even easier and more user friendly than ever before.

If you are already a portfolio landlord and are leasing residential properties then you will be relieved to read this month’s article on the draft Municipal Property Rates Bill. Contrary to media reports on the draft Bill, people who own more than one residential property will not have to pay commercial rates on their additional residential properties.



Articles

UK Property - Funding difficulties continue to affect land values outside the M25, while London prices rise again

The pace of annual growth in value of residential development land on greenfield sites in England slowed to 4% in Q2, down from 12% in the first three months of the year.

 



Property Law - Municipal Property Rates Amendment Bill

Contrary to media reports on the draft Bill, people who own more than one residential property will not have to pay commercial rates on their additional residential properties.

 



Estate Agents - EAAB Grants Extension for Estate Agents to Comply with Education Requirements

The Estate Agency Affairs Board (EAAB), acting in terms of the Education Regulations, has resolved to grant a two-year extension to all estate agents who were registered on 15 July 2008

 



SA Property - Old Mutual Property MD to join Old Mutual Emerging Markets

Ben Kodisang, Managing Director of Old Mutual Property, will be moving from Old Mutual Property to the wider operations of Old Mutual Emerging Markets

 



Zoning Certificates: South African Property Developers Beware!!

Court warns developers not to rely on local authorities to know the correct zoning of their property.

 


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