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Repossessed Property in Vayi

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Rate cut brings relief for homeowners and a boost for buyers The South African Reserve Bank’s Monetary Policy Committee announced last week that interest rates had dropped by 0.25%, bringing the repo rate to 7.25% and the prime lending rate to 10.75%. Know before you buy: Common mistakes to avoid when purchasing property in SA Buying property is not just about location and price—buyers need to understand zoning laws, monthly costs like rates and levies, and common pitfalls that can trip up even seasoned investors. Property market reacts as repo rate drops to 10.75% The repo rate has dropped – but how does that impact your ability to buy or sell property? Experts share insights.

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