WHY RENT2BUY?

 

It is quite difficult to obtain a loan from a bank in order to purchase a property due to the strict lending criteria of banks.

To qualify as a buyer, you require:

1. Cash for a deposit - anything between 20 - 5% of the purchase price

• Transfer costs
• Transfer duty
• Bond registrations costs
• Bank valuation and Bank fees

2. Affordability under the National Credit Act (NCA)

3. Track record of financial and business history

• Audited financial statements (latest)
• No bad credit record
• Copies of bank statements for the past 6 months or longer

4. Knowledge and education/experience

With r2b, we break down the barriers and make the entry to own a property much easier.

The only question to start is: Can you afford the monthly payment?