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Newsflash | Repo Rate Increase

The SARB’s Monetary Policy Committee have taken the decision to increase the Repo Rate yet again by 50 basis points [0.50%] from 4.25% to 4.75%, which will take effect on 20 May 2022. Therefore, the Prime Rate has also increased

Newsflash | Section 25 of the Constitution remains unchanged: is this the end of the debate?

After three years of intense debate and politicking, the National Assembly yesterday afternoon voted against changing the Constitution to (explicitly) provide for expropriation of land without compensation. Thus the “property clause” in the Constitution, section 25, remains unchanged – for

Newsflash | Cape Town Deeds Office News

Dear Client We confirm that the Cape Town deeds office has now confirmed their December 2021 arrangements in anticipation of their closure over the festive season. For that office, the following applies: • The last day for registrations is 22

Newsflash | Pretoria Deeds Office News

Dear Client We confirm that the Pretoria deeds office has now confirmed their December 2021 arrangements in anticipation of their closures over the festive season. For that office, the following applies: • There will be extended hours for registration in

Newsflash | Update on Cape Town’s Rates Clearance Delays

Dear Client We recently updated you on the present delays at the City of Cape Town municipality for the issuing of rates clearance certificates. As these certificates are compulsory for effecting registration of transfer of property ownership, it impacts on

Newsflash | Rates Clearance Delays and Your Transaction With Us

Dear client The City of Cape Town municipality is experiencing a backlog in issuing rates clearance certificates. As these certificates must accompany the formal set of documents that is sent to the deeds office to effect transfer of ownership in

Newsflash | Relocation of our East London branch

The STBB office in East London has recorded rapid growth over the past four years and the related increase in workload and personnel, prompted a move to larger office space. We are proud to advise that the East London office

Newsflash | Cape Town Deeds Office (4 August 2021)

In an attempt to address the present examination backlog at the Cape Town Deeds Office, that Office has resolved that, for the interim, it will accept new transaction lodgments only on Mondays, Wednesdays and Fridays. We hope that the arrangement

Newsflash | Cape Town Deeds Office

Dear Client During this time we are experiencing extreme delays at the Deeds Office due to the adjusted Level 4 restrictions and the Deeds Office now working with one third the number of employees. The status quo will remain until

Newsflash | Deeds Office Update

We had 21 working days in the month of June and the Deeds Office was closed for 10 of those days. This has obviously created a massive backlog of deeds that need to be processed. The situation is made worse by

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