Using your staycation to plan your property goals for 2021 and beyond

Thanks to COVID-19 and the turmoil that it has caused, many of us are having a staycation rather than a vacation this festive season. If you have faced up to the reality that your family will not go on holiday this year, you are certainly not alone, and the good news is that there are plenty of great ways to relax and make the most of the time at home. One of the things you can do is make your property plans for 2021. If you're looking to rent a new home, you can browse the listings and make contact with agents from the CSi Property Group. If you've decided to take advantage of the low interest rates and make 2021 the year that you invest in property, then you'll need to get in touch with End User Finance and start discussing bond origination. 

Thinking about whether to rent or buy

There are many advantages to being a tenant, and many different advantages to being a homeowner. It's up to each family to decide what's right for them. While renting offers flexibility and is often more affordable, homeownership offers a valuable investment and long-term stability. As a renter, you could face having to move every year, whereas if you own your home, you are likely to be at a disadvantage if you were to decide to sell and move after the first year. Renting and buying property have only one significant thing in common: they are best done with the help of a real estate expert.

Areas of Gauteng that renters love

There are many areas of Gauteng that are particularly sought-after homes for tenants. If you're planning a move to a new rental property in 2021, this is a great time to think about exactly where you want to be. 

Akasia, for example, is a cluster of suburbs in the north of Pretoria, that boasts easy access to Wonderpark Shopping Centre, golf courses and great nightlife. Akasia is made up of numerous well-loved suburbs such as Amandasig, Chantelle and The Orchards, and is home to several secure estates in which a variety of three and four-bedroom houses can be rented.

Midrand is another popular option due to its affordability, amenities and attractive scenery. Convenience is second to none in Midrand, and the area is well known for being "halfway to everywhere." The area has proved to be immensely popular with buyers in the 18-35 price bracket, with approximately half of Midrand's recent buyers being in this age bracket.

Kempton Park is an area in which properties are affordable, neat and offer proximity to OR Tambo International Airport. Similar to Akasia, Kempton Park offers a number of estates boasting 24-hour security.

The numerous reasons to use a bond originator

When it's time to buy property, a bond originator will be your new best friend. Rather than filling out several applications to all the various banks, you fill in one set of paperwork and allow the team from CSi's End User Finance to find you the best possible home loan deal and interest rate.

Using a bond originator means that you'll have assistance through the process of getting all the right documents together, as well as advice on how to make your application look as good as possible from the banks' point of view. If there's anything you need to work on, such as clearing debt or saving towards a bigger deposit, the team from End User Finance will advise you in this regard. In this way, using a bond originator gives you a greater chance of being successful in getting the loan you need to buy the home of your dreams.

Allow your 2020 to end on a positive and exciting note as you think about your next move - whether it's to a new rental property or to a home that you can call your very own. Contact us for more information and assistance.