Bidvest Bank announced that it has raised its ceiling on commercial property loans from R50 million to R200 million.
Private sector mortgage balances, comprising both commercial and residential mortgage loans, showed growth of 1,9% year-on-year (y/y) up to the end of October
According to Jason Lee of Rawson Commercial, installment sale agreement provide a viable solution to sellers who, because they are in financial difficulties, or for other reasons, enable them to dispose of a property that might otherwise not find a buyer in today’s market.

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