| What is the best way to buy property? |
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| Using other people’s money |
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| What is off-plan property? |
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| Off-plan property is bought, quite literally off the plan, sometimes before the developers have begun construction. |
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| What are the benefits of buying off-plan property? |
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| There are many benefits but the principal benefit is that you commit a small deposit to secure your unit and that you gain capital growth while the unit is still being built. |
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| How does UKSA make their money? |
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| We receive a commission from the developer/seller. |
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| What is the difference between sectional title and full title? |
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Sectional title means that you are buying a unit or section in a building. You will have ownership of your unit and share in all the common property such as the garden, swimming pools, roads etc. Levies are payable monthly in accordance with your unit size.
Full title means you are buying a house/stand (payable monthly) and that you are taking full responsibility for all the costs involved such as rates & taxes, maintenance, driveways, garden etc. |
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| What happens if interest rates go up? |
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| We advise our clients to keep some reserves to cover any unpredicted cost such as increase in interest rates however, interest rate rises tend to push more people into rental market thus bringing rental values up. |
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| Do I need to use your solicitors and mortgage advisors? |
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| Yes, because they have been sourced and vetted by us and we know what level of service our clients would receive. They also understand our business and they know the time frames involved. We also negotiate reduced rates saving our investors money. |
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| Who will manage my property? |
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| You can do it yourself or you can make use of our preferred property management companies. You can do everything via email or phone. |
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| How many properties can I buy through UKSA International? |
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There is no limit to the amount of properties you can buy. |
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| I am not a South African national. Do I qualify for 100% finance? |
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| Unfortunately not. You will need to produce at least 40% of the value as a deposit. Contact us for personal quotations. |
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| What documentation do I need in order to apply for a 100% bond? |
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- South African ID/passport
- 3 months bank statements
- 3 months pay slips
- Marriage certificate if applicable
- Contract/letter of employment
- Lease agreement for any property owned in South Africa
- If you have more than one employer, or is paid weekly/on commission basis, then you need 6 months pay slips and 6 months bank statements.
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