The current lending climate is tough for first time buyers particularly with the stringent National Credit Act requirements and the worldwide recession affecting banks and how strict they are when it comes to approving home loans.

Homeowners in Cape Town must check their new municipal property valuations carefully to ensure they won’t be charged excessive property rates going forward.  The new valuations are being finalised in January and will be sent out in February. Objections to the given valuations can be made, but there is only a short time to do so.

With many buyers preferring the southern suburbs over other areas, Plumstead has come on the map as an attractive, affordable option, offering great value for money.