GREAT NEWS! Just heard from Better Bond..
The second rate drop within a month.
The prime lending rate has dropped to 7.75%!!!
This is amazing news and makes a difference of almost R630pm on a bond of R1M.
Where clients previously needed to earn almost R30K to qualify for a bond of R1M, they now need to earn approx. R27000pm.
This therefore improves affordability considerably
This will naturally impact all contractual debt, so those with cars and personal loans will all pay less, improving cash flow even further.
The banks are still lending …
Liz Botha at Better Bond, is fully operational, working from home.
Homeloan specialist – Private Clients
| M | +27 (0) 83 325 0909 | T | +27 (0) 21 7157257 |
| E | liz.botha@betterbond.co.za | D | +27 (0) 21 7154773 |