Streaming issues? Report here
Refilwe Moloto 2019 1500 BW
Breakfast with Refilwe Moloto
06:00 - 09:00
volume_up
volume_mute

Up Next: Today with Kieno Kammies
See full line-up
Breakfast with Refilwe Moloto
06:00 - 09:00
Home
arrow_forward
Lifestyle

Home loan rejected? That's where Rent2Buy comes in

17 September 2018 5:37 PM
Tags:
House
Property
Home loan
rent
bond
homeowner
The homeownership concept seeks to provide ordinary South Africans with the opportunity of owning their own property.

Rent-to-buy is a concept which allows homeowners to pay off their properties without getting a home loan.

A local business, called Rent2Buy, is popularising the trend in South Africa.

Meyer de Waal, the founder of Rent2Buy, explains how the business model works.

De Waal, a conveyancing attorney, says they assist candidates who have been declined home loans by the banks.

He explains that affordable Rent2buy units now available areas ranging from Bloemfontein in the Free State to Parklands and Blue Downs in the Cape.

We can pre-qualify a homebuyer. The fund goes out and buys the property on behalf of the potential buyer.

Meyer de Waal, the founder of Rent2Buy

They rent it for two years, we groom the homebuyer to become a good candidate.

Meyer de Waal, the founder of Rent2Buy

We're actually like replacing the banks completely.

Meyer de Waal, the founder of Rent2Buy

We are picking up the clients that the banks don't want to help.

Meyer de Waal, the founder of Rent2Buy

Listen to the discussion on The John Maytham Show:


17 September 2018 5:37 PM
Tags:
House
Property
Home loan
rent
bond
homeowner

More from Lifestyle

140323Earth.jpg

2019 concludes decade of 'exceptional global heat and high-impact weather'

5 December 2019 5:18 PM

The World Meteorological Organization says 2019 is set to be second or third warmest year on record.

Share this:
Read More arrow_forward

emo-adams-michelle-gildenhuysjpg

Celebrity couple Emo Adams and Michelle Gildenhuys on raising 4 kids

5 December 2019 3:10 PM

The singer and the model boss share the secrets of their happy marriage and parenting styles.

Share this:
Read More arrow_forward

son-of-a-son-702-thumbnail-bonganijpg

Bongani Bingwa: You make choices that'll have lasting consequences for your kids

5 December 2019 1:13 PM

Fatherhood is one of the most consequential things you can do in your life and, yet nobody expects you to be prepared for it.

Share this:
Read More arrow_forward

flinders-university-shark-bite-testjpg

Surfer alert! Shark bite-resistant wetsuit one step closer to reality

5 December 2019 12:10 PM

Trials in Australia have shown a new fabric reduces the level of penetration of a shark bite and consequently tissue damage.

Share this:
Read More arrow_forward

merseyside-mounted-police-horse-jake-drinks-teapng

[WATCH] This police horse won't start his day without a nice cuppa tea!

4 December 2019 10:34 AM

Watch Jake the Merseyside Police horse who likes his tea with skim milk and two lumps of sugar.

Share this:
Read More arrow_forward

whatsapp

A step-by-step on how to renew your car licence via WhatsApp

3 December 2019 2:11 PM

Motorists can now renew their vehicle licence in a few simple steps on WhatsApp. Here's an explanation of how the process works.

Share this:
Read More arrow_forward

donovan-thorne-on-son-of-a-sonjpg

Donovan Thorne on raising a daughter: "It's an awakening"

2 December 2019 12:51 PM

Donovan Thorne talks about the special bond fathers have with their daughters and, how it has made him a better man.

Share this:
Read More arrow_forward

171203-festival-of-lights-15jpg

Ndlovu Youth Choir, Sho Madjozi to perform at festive lights switch-on festival

1 December 2019 10:58 AM

Alderman JP Smith elaborates on the line-up, security and road closures for Sunday's event. The free concert kicks off at 4pm.

Share this:
Read More arrow_forward

marc-lottering-merlejpg

She's back! 'Aunty Merle - It's a Girl!' opens at Baxter Theatre

30 November 2019 2:18 PM

Theatre critic Marina Griebenow says audiences should expect a few surprises from Marc Lottering's beloved character.

Share this:
Read More arrow_forward

castispicjpeg

Emmanuel Castis not surprised by the success of movie Trackers

29 November 2019 6:10 PM

The actor says the production value and the creative process ware amazing. Being on set was just fantastic.

Share this:
Read More arrow_forward