Driving support for SA’s first-time home buyers’ market
By Maria Nkhonjera, Centre for Affordable Housing Finance in Africa (CAHF) A more inclusive and targeted approach for promoting adequate housing must prioritise support for first-time home buyers stepping onto the property ladder. This includes [...]
First-time homeownership: The importance of the borrower’s education programme
By the Banking Association of South Africa The borrower’s (homeownership) education programme is a prerequisite for first-time homebuyers to gain access to home loan finance. In 2005 the banking sector concluded a Memorandum of Understanding [...]
The ‘new look’ Finance Linked Individual Subsidy Programme
By the Banking Association South Africa (BASA), in collaboration with the National Department of Human Settlements The National Department of Human Settlements and The Banking Association South Africa (BASA) recognise that a functioning residential property [...]
Facilitating secure tenure and unlocking property value in Khayelitsha
By Jessica Robey, senior research analyst, 71point4 Since 2018, the Transaction Support Centre (TSC) has worked to support formal property market transactions in lower-income neighbourhoods. A large part of the effort focuses on resolving title [...]
Sectional Title Schemes: The impact of non-functioning body corporates on the affordable housing market
By Shereen Moloto of The Banking Association South Africa (BASA) Since its introduction in South Africa in the early 1970s, sectional title ownership has proven to be very popular and has become an important and [...]
Debt relief measures for housing consumers
By Paul Stober and Sue Hatton of the Banking Association South Africa (BASA) In response to Covid-19, debt relief measures are offered by banks to consumers. Housing consumers have been the largest category of credit [...]