1. Secunda Market Shows Momentum: Take Advantage of Favourable Finance!
The last quarter of 2025 is proving to be an exciting time for property in our region! We are pleased to report that the Secunda property market is showing positive signs and is currently very active. Buyers and sellers alike are capitalizing on improved sentiment and lending conditions.
Good News on Home Loans:
A major driving force behind this activity is the current favourable lending environment. Following the latest interest rate cuts by the South African Reserve Bank in July 2025, the Prime Lending Rate now stands at a much more accessible 10.5%.
Banks have significantly increased their appetite for lending, leading to:
- Higher Home Loan Approval Rates: Banks are actively supporting borrowers, with high approval rates across the board.
- Increased Affordability: The reduced cost of borrowing is making it easier for more people to qualify.
- Support for First-Time Buyers: We are seeing generous offerings, including the availability of 100% (and even higher) loan-to-value bonds for qualifying first-time homeowners.
If you have been waiting for the right moment to buy or refinance, now is the time to speak to us to secure your pre-approval and make the most of this window of opportunity!
2. Industry Watch: Stay Safe From Real Estate Fraud
As the market becomes more active, so too does the risk of real estate scams. It is essential to remain vigilant and work only with trusted, reputable professionals.
As highlighted in recent industry advice, including the excellent information shared by Property24, here are crucial steps to spot and avoid a real estate scam:
- Verify the Agent and Agency: Always confirm that the agent is registered with the Property Practitioners Regulatory Authority (PPRA) and is legitimately linked to a credible firm like Seeff. Fraudsters often pose as agents.
- Inspect the Property in Person: Scams often involve properties that don't exist or are not for sale. Insist on a physical viewing before any commitment.
- Verify Bank Details: Be extremely cautious of requests to change banking details, especially for large payments like deposits or transfer funds. Always verify the bank account details with the conveyancing attorney or the agency's management (and not the agent) using a known, verified contact number before transferring any money. Legitimate property funds should never be paid into an agent's personal account.
- Beware of Unrealistic Deals: If a price is far below market value or if the deal is rushed with undue pressure, it is likely a scam.
Your safety is our priority. If in doubt, contact our office directly using the known Seeff Secunda phone number.
3. Community Campaign: Seeff Epic for Orphans Awareness
We are proud to continue supporting the Seeff Epic for Orphans Awareness Campaign. This crucial initiative helps provide much-needed support and resources for vulnerable children.
We encourage you to read more about this cause and get involved by donating funds today. Every contribution makes a meaningful difference in the life of a child.
Get Involved Here: https://seeffsecunda.km11.co.za//Epic
4. Best Wishes and Year-End Wrap-Up
A Message to the Class of 2025
To the Matric Class of 2025 currently writing their final exams: We wish you the very best of luck! The dedication and hard work you put in now will truly reap great rewards and set the foundation for a bright and successful future. We are rooting for you!
Final Countdown to the Festive Season
Can you believe that just over two months remain in 2025? Time flies! We encourage you to make sure all your property transactions, administrative tasks, and personal goals are taken care of and ready before the end of the year and the busy festive season officially begins.
Seeff Secunda
