Buy to Let involves buying a property specifically to rent it out. It’s a popular investment strategy for generating rental income and potential property value appreciation.
Join us as we explore the possibilities of property investment made easy with Absa Home Loans.
Discover the opportunity to invest in your own story. Buy to let and unlock a world of endless possibilities that bring you closer to your homeownership and investment ambitions.
One of the unique advantages of choosing Absa for your home loan, is the enhanced credit affordability assessment that we offer.
With Absa’s unique proposition, property investors can improve their ability to afford loans by using both existing rental income and future rental income:
Existing rental income:
Use existing rental income currently collected by the seller in the affordability assessment of the purchaser’s home loan application. The existing rental income brought in by tenants thus helps to improve the applicant’s credit affordability assessment. This assumes that the tenants will continue renting the property according to the original lease agreement.
Future rental income:*
Property investors who own one or more residential properties may be eligible to include future rental income in their credit affordability assessment. For those looking to buy a second or additional property for rental purposes (where no lease contract/agreement exists), a percentage of the estimated market-related future rental income can be included in their credit affordability assessment.
We’ll determine your affordability based on the income declared on the home loan application received, which must indicate existing and/or future rental income.
*Terms and conditions apply.
To access these property investment tools and solutions, click here.
Property market trends, and how you can benefit with Absa
The South African property market is undergoing significant shifts, with several key trends reshaping the landscape.
To access these property investment tools and solutions, click here!
Financing your first property investment
Get clued up on how to buy to let and finance your exciting venture!
Buy-to-let insights: How to ensure that your rental income works for you
Investing in rental properties through a buy-to-let propositions can be lucrative if approached with careful planning and informed decision-making.
Protecting your investment
It’s very important to understand the different types of insurance and how they relate to you as a property owner.
Financial planning for property investors
You’ve worked hard to build financial security for yourself and those dear to you – so make sure your legacy lives on.
The journey to building a buy-to-let portfolio
Absa is ready to guide you through the journey to building your portfolio.
Owning a home is within your reach with Absa
Enjoy the simplicity, flexibility and great benefits that come with our tailored solutions. Let us be your partner on the journey to homeownership.
Call us on: 0860 111 007 Email us: propertyhub@absa.co.za
T’s & C’s apply. Absa is an Authorised Financial Services Provider and Registered Credit Provider.
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