The further reduction of the repo rate by 25 basis points to an all-time low of 3.5% takes the prime interest rate down to 7%, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “Having already slashed the repo rate by 275 bps to soften the effects of Covid-19, the Reserve Bank […]
Against the backdrop of ongoing measures to address the Covid-19 pandemic in South Africa, the Supplementary Budget 2020 highlighted several key aspects, says Dr Andrew Golding, chief executive of the Pam Golding Property group. “Apart from the health and safety aspects so crucial to reducing the impact of this humanitarian crisis, the prioritisation of infrastructure […]
Every person has different circumstances and their financial situation is unique. There is no one simple answer to fixing your interest rate on your home loan. There are some important factors that should be considered. The prime lending rate in South Africa was at 10% at the beginning of 2020, and is now sitting at […]
The listed property sector has taken a pounding throughout the Covid19 lockdown, the reaction of affluent investors is to hurriedly move their funds into high-end brick and mortar instead. As per Retha Schutte, Regional Executive of Pam Golding Properties Pretoria says that in Pretoria, it is evident that there is a surge in interest recently […]
With residential real estate agents given the green light to re-open their doors on 1 June, Pam Golding Properties has already been hard at work behind the scenes, getting the entire business into a state of readiness in order to comply with the health and safety protocols specific to real estate as set out by […]
In the current economic environment, you may find that the property comes within the price range of more buyers, but there are also a number of factors that one needs to consider. Figuring out the best time to purchase a property is a subjective matter. You need to know the price that you are comfortable […]
Our homes are our sanctuary. They provide a safe place where we can be productive and creative. As we spend so much time in our homes, it’s important to create spaces that enhance our mood and stimulate creativity. An easy way to do this is by introducing colour to the parts of the home where […]
We are now entering a new financial year, it is now a good time to start thinking about your tax savings and what tax deductions you can legitimately claim. “And in that regard, one of the best investments to have is a rental property because it will not only increase the value of your assets, […]
It’s been said that when you open your mind, you “let happiness in”, so why not try an online course to explore something new? Perhaps you have always wanted to learn how to play the piano, or you would like to code your own programmes. There’s certainly no shortage of online courses that will allow […]
Repo rate reduction will help ease economic pain – particularly after lockdown restrictions are lifted Dr Andrew Golding, chief executive of the Pam Golding Property group “In an unexpected but welcome announcement, the Monetary Policy Committee today (14 April 2020) announced a further 100bps cut in the repo rate, reducing it to just 4.25%. This […]