Advice for Property Owners In Financial Distress | Property Investment South Africa

20/11/2023 9 min

Listen "Advice for Property Owners In Financial Distress | Property Investment South Africa"

Episode Synopsis

Are you facing financial challenges or seeking to enhance your standing in the realm of property investment?

In our previous episode, we spoke about the rising distressed sales in South Africa. In today's episode, Rowan will be discussing 5 different steps you can take if you find yourself unable to pay your mortgage bond or if you are looking to preemptively provide some level of comfort to yourself in the face of rising interest rates.

0:00 Introduction

1:40 Applying for a new interest rate

3:44 Extending the repayment period

4:58 Applying for a payment holiday

6:21 Using savings

7:10 Finance Link Individual Subsidy Programme (FLISP)

National Housing Finance Corporation

FLISP Applications

For Property in Cape Town or to Reach Out to Us

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