Cumberlege Attorneys

28/05/2026

Cumberlege Attorneys

10/05/2026

05/05/2026

WHAT DOES A TRANSFERRING ATTORNEY DO? ⚖️🏡

Cumberlege Attorneys

01/05/2026

22/04/2026

📋 Secure your Legacy 🔐

Cumberlege Attorneys

13/04/2026

🏠Buying a House: What Costs Will You Pay, and When?💰

"It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can’t fly away.” (English novelist Anthony Trollope)

With interest and home loan rates at their lowest since 2022, it’s no surprise that South Africa’s property market confidence level at the end of 2025 was sitting at a record high of 87%. That will have been boosted by the country’s positive economic outlook following Budget 2026, and by Budget 2026’s 50% increase in the primary residence exclusion (which should stimulate sales by reducing the CGT payable by sellers).

If you are a buyer about to put in an offer on a house, remember to budget for the various costs you’ll face over and above the purchase price. In all the excitement of your purchase (particularly if it’s your first house!) it’s easy to underbudget. But you really don’t want to risk any unpleasant financial surprises. If you do breach a term of the sale agreement by not paying something on time, you could even face cancellation of the sale and a damages claim.

Only with a proper budget and cash flow forecast can you be confident both that you really can afford to offer for the house you’ve fallen in love with, and that you’ll be able to pay everything you need to, when you need to.

Have a look at the list we’ve put together below and use it to prepare your own detailed cash flow forecast. Ignore anything that doesn’t apply to you and bear in mind that every buyer’s situation will be unique, so this is no more than a generalised checklist. See the link below:
🔗https://www.dotnews.co.za/Code/Article.aspx?qry=yKPR5eDKNlaukY9Ps7iCg6DDDf5IXaY12RwY-erlcvlcQlzPyV9DyYIyR9RD7xHzoRTRgSjhT3s2ymfAzMsw2RDXjozjUO8GOKHlj3o08j8=-NOPAD

As always, we are here to assist, so let us know if you have any questions, need any further information, or would like help in creating a cash-flow projection specific to your purchase.

Cumberlege Attorneys
📌 29 Tecoma Street, Berea
☎️ 043 721 1751
📧 [email protected]
📱084 965 8488 (WhatsApp only)

26/03/2026

⚠️ Important Announcement ⚠️

Cumberlege Attorneys

23/03/2026

Thankful Monday 👌