PROPERTIES TO RENT
Properties to Rent in Cape Town
Whats New:
This is La Grande's New Web Site.
February 2011
Please feel free to give your comments on La Grande's new website, by clicking on Contact Us in the Main Menu.
Current News
Interest rate Cut
November 2010
On 18 November 2010 The Reserve Bank has anounced that the repo rate is reduced by 50 basis points. This means that the banks will reduce their prime lending rate down to 9%.
Recent Events
No Transfer Duty or Capital Gain Tax?
February 2011
For those of you who have their primary residence registered in a CC., Trust or Company, now have the opportunity to transfer the property into your own name, with out paying transfer duty or capital gain tax. Before you take any action, consult with your finacial advisor to establish whether this will be to your advantage. Then consult with your transferring attorney to establish whether you will qualify not to pay transfer duty and capital gain tax. Then establish with your bank wheteher you will qualify for the outstanding bond amount. You have to take action before the end of 2011.
Tenant Information
Tenants: Using a letting agent is the most commen way to find your new rental home. Make sure that the agent you are working with, is registered with the E.A.A.B.
Renting through a Registered Estate Agency mean that your rental deposit will be secured in the agency's trust account.
Click here to find out whether your agent is registered with the Estate Agency Affairs Board.
Renting a home has become a life style that leaves you with more money in your pocket at the end of the month.
TENANTS DOMAIN
Why Rent through La Grande?
Choosing the right letting agent is as important as your choice of property. Make the right selection and not only will finding the right flat or house be made so much easier, the ongoing support during your tenancy is invaluable.
Friendly, Experienced Managers & Staff
Letting can be a minefield of poor property choices and hidden extra costs, resulting in overall frustration. However, we know property rental inside out and will do our outmost to make your search successful.
Flexible Viewing Times
We are happy to arrange viewings at times that will suite you and the excisting occupant.
Con's & Pro's of Renting Privately?
Private Landlords do not have to subscribe to any professional body or code of practice. They however have to adhere to the Rental Housing Act of 1999, so it is worthwhile asking for reference from past tenants before signing a lease agreement.
Renting privately can be less expensive than renting through an agent. There will be no administrative costs to pay and landlords will not have the overhead of paying an agent's fee. However, it seams that this saving is not passed on to you as the tenant.
The quality of the landlord is just as important as the quality of the home. Some landlords will give excellent service; others will pretend that you don't exist. Work with someone who you think you can trust.
Tenants Beware :
Due to the prevailing poor economy, some landlords do find themselves in a cash flow problem. The result is that your rental deposit may be in jeopardy, unless your deposit is held in the letting agency's trust account.
Tenants; in the event that your personal situation has reached the stage where the monthly rent has become too much of a burden, then discuss the situation with your landlord or agent and come to a mutual agreement regarding your lease obligation. Do not wait untill you cannot pay your rent at the end of the month.
Tenant Tip
Considering the monthly payments, you can rent a house cheaper than buying it. In the long run however, you will be loosing out on the capital growth of the house, unless you invest the savings at a rate higher than the capital growth of residential properties.
