Bridging Finance: Growing in Popularity in South Africa

Bridging Finance: Growing in Popularity in South Africa

In South Africa and abroad, the popularity of bridging finance has increased dramatically over the past two to three years. Overseas too, this type of financing is becoming much more common. In the UK, the quarterly publication Bridging Trends noted that bridging...
How Long the Road Accident Fund Takes to Settle Claims

How Long the Road Accident Fund Takes to Settle Claims

In South Africa, the Road Accident Fund (RAF) compensates individuals who are injured in road accidents they weren’t solely responsible for causing. If you’ve been injured, you may be able to claim compensation for medical expenses, loss of income and, in the case of...
Expenses to Expect When Selling Your Home in SA

Expenses to Expect When Selling Your Home in SA

Selling your house and moving to a new area usually means an exciting change in your life. It could be a new job, moving your kids to a new school or just a change of scenery in a new city. But even this kind of positive change can be unexpectedly pricey. Here are the...
Bridging Finance on Your Property Sale

Bridging Finance on Your Property Sale

A surprising number of costs are involved in selling a property. The lengthy transfer process also means some of these costs are due before you get the proceeds from the sale. This is when it might be necessary to get bridge finance on your property sale. This finance...
What is Bridge Finance?

What is Bridge Finance?

Bridge finance is used to cover financial obligations in anticipation of a windfall, such as the profits of a sale or a settlement payout. This is commonly used in real estate when you need to cover the costs of selling your property, but the transfer hasn’t yet...