FNB

Investors Target Buy-To-Let Properties As Rentals Continue To Increase

The Auction PaperWith interest rates the lowest in decades, more and more investors are now targeting buy-to-let properties. With a growing shortage of good residential rental stock, particularly in the market priced below R1m, many more landlords will now be able to achieve double-digit rental increases this year.

Property pundits says it appears that the buy-to-let market has finally turned to corner, with rentals in slow decline since early 2009 now on the increase. Auction Alliance CEO, Rael Levitt predicts a strong recovery in investment buying this year.

Category : Property News

House prices and Mortgage approvals on the rise

Property News and Trends: Property prices have reached the turning point Local News channels have been consistent in their reports on the current condition of the South African property market recently. And, while their figures may differ, the banks’ various house price indexes are showing that we have reached a turning point. Of all the [...]

Category : Property News

Send to Friend

Email Agent