SA Home Loans

[milomak]

Stay away from them. In my experience, their rate is cleverly disguised as based on JIBAR,

i reckon in no time banks will move to pricing against Jibar as that is where they fund themselves. More especially when Basle III kicks in they have to match their asset and liability profiles.

 

[Mr K]

Hi Guys,
I have bought a house which was registred in April 2010. I got loan from Nedbank at prime +1.25. I had to take it because the other banks were taking too long to respond and i did not have much time.
Now i want to look at moving the bond and getting better interest rate.
Can anybody explain the whole proceedure and costs involved in moving the bond from one bank to another bank?
The present bond is less than 6 months. I want to know everyhing including the cancellation costs and registration costs.

Thanks in advance