First-time Home Buyer
South Africa’s property market is recovering as construction costs fall and buyer confidence rises. Phoenix Bonds explores how rate cuts, currency strength, and government reforms could boost affordability and home loan opportunities in 2025.
Read the rest of entry »
Confused why your bond is registered for more than your home loan amount? Learn in simple terms what the “additional amount” on a registered bond means, why banks do it, and why you don’t pay for it.
Home loan quotations in South Africa must disclose more than just the interest rate. Learn what banks are legally required to communicate - from fees and insurance to the total cost of credit - under the National Credit Act.
Thinking about buying instead of renting? Discover why homeownership in South Africa is a powerful wealth-building tool, why rent is “dead money,” and the long-term benefits of investing in property.
South Africa’s 105% home loans are unique in the global market. Discover when they started, why they exist, and what they mean for first-time buyers. Learn the pros, cons, and what makes them rare worldwide.
Discover how amortisation works on your home loan, why early repayments matter, and how long it takes to reduce your balance from 105% to 100%. Real examples at 10% and 11% interest rates.
Banks only offer one product and follow rigid lending rules. A mortgage broker, like Phoenix Bonds, can compare multiple banks, negotiate better rates, and tailor your application for flexibility.
First Home Finance (formerly FLISP) helps South African first-time buyers. Learn who qualifies, how it works, restrictions on the title deed, and why timelines for approval and payout can take months.
Not all prequalification certificates are equal. Learn why most are useless, how banks calculate affordability using Debt Service Ratio and assets, and how Phoenix Bonds gives you a strategy, not just a number.
Future rental income is one of the most overlooked factors in home loan applications. Learn how South African banks assess it, why it must be a full property, and how Phoenix Bonds uses it to boost affordability.
Get the latest updates in your email box automatically.
Your nickname:
Email address:
Subscribe
Get Started