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Persistent load-shedding and tariff hikes resulted in many body corporates enquiring about installing Solar Solutions in their community schemes. Installing solar power will not only help reduce your utility bill, but also increase the value of your home and contribute to the green economy by reducing your carbon footprint.
READ MOREIn a decisive move, the City of Tshwane launched a revenue-collection campaign, disconnecting electricity to non-paying customers in early February 2022. They've upheld their commitment to a "no fear, no favour" approach, targeting approximately 533 government accounts and 528 business accounts.
READ MOREIn the past, many bodies corporate neglected to plan for unforeseen maintenance costs, leaving unit owners to foot the bill through special levies. However, since October 2016, bodies corporate are mandated to maintain a reserve fund, ensuring funds are available for common property upkeep.
READ MOREGated communities have emerged as a favoured choice in real estate, offering homeowners security, privacy, exclusivity, and a plethora of amenities. With this luxurious lifestyle option comes the question of how these developments impact property values.
READ MOREIn today’s challenging economic climate in South Africa, homeowners and community schemes face a myriad of financial pressures. Rising interest rates, increased living costs, and ongoing issues like load-shedding and crime compound these challenges.
READ MOREHenry David Thoreau once asked, "What is the use of a house if you haven’t got a tolerable planet to put it on?" As the world faces pressing environmental issues, it is crucial to take part in protecting the planet, and the property sector is no exception.
READ MOREThe multiple facets of pet ownership require careful consideration before an owner introduces their pet into a residence within various sectional title schemes, as this issue has frequently sparked disputes among owners (members), tenants, and bodies corporate.
READ MOREAn accurate and comprehensive annual budget is the secret to effectively managing your community scheme’s finances. Tough financial times may impact a community scheme’s income stream, making it crucial to manage expenses carefully.
READ MOREFollowing a series of interest, fuel and food price hikes, homeowners are battling to meet their financial commitments, including levy payments. We suggest bodies corporate take a proactive approach in mitigating the impact of potential non-payment of levies on community scheme finances.
READ MOREThe current economic climate has taken a toll on people's finances and mental well-being. Rising interest rates and increased cost of living left individuals struggling to make ends meet.
READ MOREThe demand for affordable homes near economic hubs is driving the growth of the sectional title development market. Young adults are looking for secure, lock-up-and-go properties, and shared spaces are becoming popular due to their sense of community and affordability.
READ MORESuze Orman states that “owning a home is a keystone of wealth – both financial affluence and emotional security.” This security has never been more important, especially during the current financial situation we as South Africans are facing. It becomes even more evident and crucial when your home is part of a community scheme.
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