FIRZT Property Group - Centurion

FIRZT Property Group - Centurion Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from FIRZT Property Group - Centurion, Real Estate Company, Centruion Mall, Centurion.

We offer a full suite of property services with Divisions specializing in Sales & Leasing of Residential, Commercial and Industrial properties, as well as an Auctions Division which caters for the expedient and efficient sale of immovable property.

๐—š๐—ฒ๐˜ ๐—ต๐—ฒ๐—น๐—ฝ ๐˜๐—ผ ๐—ฑ๐—ฒ๐—ณ๐—ฒ๐—ป๐—ฑ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—ด๐—ผ๐—ฎ๐—น๐˜€The Reserve Bankโ€™s decision this week to increase the repo rate by 25 basis points...
28/05/2026

๐—š๐—ฒ๐˜ ๐—ต๐—ฒ๐—น๐—ฝ ๐˜๐—ผ ๐—ฑ๐—ฒ๐—ณ๐—ฒ๐—ป๐—ฑ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—ด๐—ผ๐—ฎ๐—น๐˜€

The Reserve Bankโ€™s decision this week to increase the repo rate by 25 basis points and effectively push the prime lending rate up to 10,50% will clearly place additional pressure on household budgets โ€“ but should not cause prospective buyers to abandon their home ownership plans.

Thatโ€™s the word from Stephen Whitcombe, MD of the FIRZT Property Group, who says that the increase underlines the need for home buyers to approach the market strategically, particularly if economists are correct in saying that rates may not start declining again until next year.

โ€œThe reality is that if rates continue to edge upwards, or even if they stay the same now, it becomes even more important than before to secure the most competitive home loan, and for prospective buyers to engage with a reputable mortgage originator such as BetterBond before signing an offer to purchase.

โ€œA good originator will negotiate aggressively with multiple banks on a buyerโ€™s behalf and can often secure a more favourable lending rate than a buyer may obtain independently. And even a modest rate concession can result in meaningful savings over the life of a home loan.โ€

He says the latest increase also provides an opportunity for existing homeowners to reassess their financing arrangements. โ€œIf you have been servicing your home loan consistently for several years and have built up a strong payment history, now may be a good time to speak to your bank about renegotiating your interest rate. They may well be willing to offer improved terms to retain a good client.โ€

For homeowners with a 20-year bond of R1m, the 0,25% increase translates into an approximate monthly repayment increase of around R165 to R175, while a R2m bond could see repayments rise by roughly R330 to R350 per month.

Click the link to read more https://www.firzt.co.za/news/get-help-to-defend-your-property-goals/

๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—ผ๐˜„๐—ป๐—ฒ๐—ฟ๐˜€ ๐˜‚๐—ฟ๐—ด๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ด๐˜‚๐—ฎ๐—ฟ๐—ฑ ๐—ฎ๐—ด๐—ฎ๐—ถ๐—ป๐˜€๐˜ ๐˜๐—ถ๐˜๐—น๐—ฒ ๐—ฑ๐—ฒ๐—ฒ๐—ฑ ๐—ณ๐—ฟ๐—ฎ๐˜‚๐—ฑTitle deed fraud is an emerging threat in South Africaโ€™s property...
26/05/2026

๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐—ผ๐˜„๐—ป๐—ฒ๐—ฟ๐˜€ ๐˜‚๐—ฟ๐—ด๐—ฒ๐—ฑ ๐˜๐—ผ ๐—ด๐˜‚๐—ฎ๐—ฟ๐—ฑ ๐—ฎ๐—ด๐—ฎ๐—ถ๐—ป๐˜€๐˜ ๐˜๐—ถ๐˜๐—น๐—ฒ ๐—ฑ๐—ฒ๐—ฒ๐—ฑ ๐—ณ๐—ฟ๐—ฎ๐˜‚๐—ฑ

Title deed fraud is an emerging threat in South Africaโ€™s property market, and homeowners may soon need to consider additional safeguards, including title deed insurance, to protect what is often their most valuable asset.

So says Stephen Whitcombe, MD of the FIRZT Property Group, who notes that there have been several reported cases recently in which criminals have fraudulently taken โ€œownershipโ€ of certain properties and sold them after falsifying the title deeds to make it appear as if they are the legitimate owners.

โ€œThis is unfortunately not a new phenomenon in SA and most commonly, the properties that such scammers have sold to unsuspecting buyers over the years have been empty stands (including many that were actually owned by municipalities or provinces). They have often even succeeded in transferring ownership of these properties โ€“ and of course disappearing with the sale proceeds - before the deception is uncovered.โ€

However, he says, holiday homes and rental units are also at risk, because criminals know that if they can sell a property like this for cash, they can bypass any bank that might hold a mortgage over the property and the real title deed. The rightful owners will probably only discover the fraud when the buyers arrive to take occupation, and will then have to initiate a complex and expensive High Court action in order to cancel the sale and reclaim their property.

โ€œIn addition, title deed fraudsters are targeting senior citizens with fully-paid off homes. Earlier this year, for example, several elderly Khayelitsha residents complained to the Department of Human Settlements that their homes had been transferred to new โ€œownersโ€ without their knowledge or consent...

Click the link to read more https://www.firzt.co.za/news/property-owners-urged-to-guard-against-title-deed-fraud/

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Centruion Mall
Centurion

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+27117310300

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