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From category archives: Phoenix Bonds News Blog

Home Loans

Why Relationship Banking No Longer Exists in South Africa

Not too long ago, many South Africans had a “bank manager” they knew by name. You could walk into a branch, sit down with someone who understood your history, and negotiate based on loyalty, trust, and the length of your relationship with the bank. That era is gone. Today, banking has shifted dramatically. The focus is no longer on long-standing relationships - it’s on numbers, profitability, fees, and risk management. Decisions are increasingly centralised, automated, and driven by algorithms that assess affordability, risk, and return.

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Why Every Real Estate Professional Needs a CRM

The real estate industry is built on relationships, timing, and trust. But as your business grows, keeping track of leads, clients, and follow-ups becomes overwhelming. Sticky notes, WhatsApp messages, and spreadsheets can only take you so far. That’s where a CRM (Customer Relationship Management system) changes the game. If you’re not using one yet, it’s time to seriously consider it.

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When Is the Bond Clause in a Sale Agreement Actually Met?

For both buyers and sellers, clarity on the fulfilment of the bond (financing) suspensive clause is crucial. Under South African law, and in particular the National Credit Act, knowing whether “grant of bond” or “acceptance by the purchaser” triggers fulfilment can determine whether a sale proceeds - or can be lawfully challenged.

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SARB’s new inflation target and its potential effects on the SA economy

On July 31, 2025, the SARB cut its key policy (repo) rate by 25 basis points to 7%, also marking a shift in its inflation target preference. Going forward, the bank will aim for the bottom of its inflation band (3%–6%), effectively pushing for a 3% target rather than the mid-point of 4.5%.

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Why Higher Education Improves Your Chances of Getting a Home Loan in South Africa

In South Africa, owning a home is a major milestone — and for many, that journey begins with qualifying for a home loan. While income, credit score, and expenses are the main ingredients banks assess, there’s another factor that plays a bigger role than most people realise: your level of education.

Here’s why having a diploma, degree, or other post-matric qualification can significantly increase your chances of getting that all-important home loan approval.

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What Really Happens to Your Home Loan Application Before a Credit Analyst Sees It

Most people think that once they’ve submitted their home loan application, it heads straight to a credit analyst who decides whether it’s approved or declined. In reality, there’s a lot that happens before it even reaches a credit analyst’s desk — and if you’re not prepared, your application might not even make it that far.

Here’s a behind-the-scenes look at the early part of the bond journey — and why preparation is everything.

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Why an Access Facility on Your Home Loan Is the Smartest Way to Save — and Borrow

When most people think about a home loan, they only think about debt — a long-term commitment to repay the bank. But what if we told you that your home loan could be your most powerful savings tool and also your cheapest source of credit?

Welcome to the world of access bonds (also known as access facilities). If you have a home loan in South Africa — or plan to get one — understanding how an access facility works can put you in a far better financial position in the long run.

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BASEL III – What it means for banks and home loans in South Africa

The 2008 Global Financial Crisis exposed critical weaknesses in the global banking system. Banks around the world—including some of the largest—were undercapitalized, over-leveraged, and heavily reliant on short-term funding. When property markets collapsed and mortgage-backed securities went sour, these weaknesses triggered a domino effect of financial failures.

To restore confidence, ensure financial stability, and protect economies from future shocks, the Basel Committee on Banking Supervision introduced Basel III, an internationally agreed set of banking regulations.

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Who is MORCSA to a mortgage originator?

The Mortgage Origination Council of South Africa (MORCSA) serves as a pivotal industry body representing mortgage originators—professionals who facilitate home loan applications between prospective homeowners and financial institutions. Established by leading origination firms such as Ooba, BetterLife Group, and Multi Net Real Estate, MORCSA advocates for industry standards, consumer protection, and regulatory clarity in South Africa’s home financing sector.

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Why Temp Loans Wreck Your Credit Score and Stop You from Getting a Home Loan

n South Africa, it’s not uncommon to face financial shortfalls before payday. For many, the quick fix seems to be a temporary loan — fast cash with little paperwork. But what looks like a lifeline can actually turn into a long-term financial anchor, especially if you’re dreaming of buying a home.

Here’s why temp loans can be far more damaging than helpful — and why using your overdraft facility (if you have one) might be a smarter move.

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