Recent content by J-10-M

  1. J

    SARS E-Filing 2019/20

    Hello All; Slightly on topic/off topic. Last year we replaced all the wooden windows in our rental property with Aluminium. All the windows were past the point of return, required vast sanding, stripping of paint and revarnish etc. They were the original windows the house was built with...
  2. J

    Retirement Annuity payment holiday

    What bonus or benefits do you get from Discovery?
  3. J

    Securing a future in 2020

    China...China and some more China
  4. J

    EasyProperties launching 1 July

    I agree.... Not sure why they don't freeze the application for Green Reef on a first come first serve basis? Perhaps if funding reaches 125% they should block any further investment. Then potential investors are likely to look into the other 3 as alternatives albeit with less potential on the...
  5. J

    EasyProperties launching 1 July

    99.29% now...
  6. J

    ETF's to invest in now?

    When did you invest? Keen in mind markets across the globe are having a terrible time due to the corona-virus.
  7. J

    Left SA - keep or sell SA rental property?

    Archer, If i may ask where in the EU are you based?
  8. J

    Left SA - keep or sell SA rental property?

    Factoring in the risks mentioned previously. Interest rate spike isnt something that would occur overnight, at the moment keeping the interest rate down and at a level where it is would probably remain as to try stimulate economic spending. Yes the exchange rate risk is real, but if the...
  9. J

    Left SA - keep or sell SA rental property?

    I assume the house still has a bond and thats the net gain after deductions of that and rates etc...
  10. J

    Left SA - keep or sell SA rental property?

    I am in a similar situation... Except mine makes around 35k per annum, but gets plugged straight back into the home loan. It all depends on the risk factor regarding tenants and the ability to increase your rent annually. At the moment we are keeping ours, as it is making money and not costing...
  11. J

    Re-mortgage / Home loan leverage

    Yes, I agree. So instead of extending the current loan. Just apply for a second loan but a 'larger' second loan. My initial question was more around the ability to leverage current property for collateral and if it was possible - which it seems it is.
  12. J

    Re-mortgage / Home loan leverage

    Duly noted on the above. Are you aware of which banks take more of the rental income into consideration? I have read previously, varying aspects, think it was around 30% of the full rental income.
  13. J

    Re-mortgage / Home loan leverage

    Is it as simple as calling up the bank and asking them to increase/ extend the existing loan? I understand that the bank will need fees again, as the limit of the original bond will be increased, they see it as opening another loan.
  14. J

    Re-mortgage / Home loan leverage

    Good morning all, I have an investment property in Cape Town that was purchased years ago for around R1.5mil, home loan was originally around R1.1mil. Investment property is valued at around R1.8mil currently Home loan is now around 25% paid off. Current rental income exceeds current home loan...
  15. J

    Immigrating to the UK

    Yes, I am trying to think back - i'll check my emails..... Applied in May-17, got the result middle of June-17. Bought tickets a week later - end of June-17. If I recall, I only booked the flights after receiving the EEA Permit in Passport.
See more
Back
Top
Sign up to the MyBroadband newsletter
X