1. CANCEL THE BOND
on your current property 3 months prior to transfer to avoid penalties.
OBTAIN COMPLIANCE CERTIFICATES
for Gas, Water, Beetle and Electrical and Electrical Fence to avoid delay in transfer.
GET QUOTES FROM REPUTABLE MOVING COMPANIES and book with one,
especially if you are planning to move around month end or beginning which are their busy periods.
Notify the relevant service provider about CANCELLING OR TRANSFERRING LANDLINE NUMBERS
and your ELECTRICAL SUPPLY.
ADVISE YOUR SECURITY COMPANY AND ARMED RESPONSE SERVICES.
Incase you signed a contract for a period and you will not be using the same company at your new
home, ask the purchaser if they would like to continue with the service.
NOTIFY companies, organizations, service providers, people of interest of your ADDRESS CHANGE
• SARS
• Retail stores where accounts are held
• Your children’s schools, extra mural clubs, social clubs and sports clubs
• Insurance provider
• TV Licencing department
• Your medical, dental and legal practitioners.
• Cancel or redirect your post, newspaper and magazine subscriptions.
• Your garden, pool and household cleaning companies.
• Any other parties with whom you have signed contracts and have used your home address
as domicilium executande.
SETTLE OUTSTANDING MUNICIPAL ACCOUNTS with regards to your water, rates and taxes accounts.
Make these payments through a conveyancer to avoid delays in terms of receipts which are
needed for transfer.
ENSURE YOU HAVE ENOUGH FUNDS TO PAY FOR ALL THE COSTS ASSOCIATED WITH TRANSFER,
moving and purchase of new home. Many sellers use bridging companies to bridge funds due to them
on transfer, to pay for these costs.
SOLD
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TASKS TO REMEMBER
ONCE YOU HAVE SOLD YOUR PROPERTY:
Doyou
needBridging
Finance?
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2. About
Easybridge
Finance.
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STEP 1
STEP 2
STEP 3
WILL DELAY TRANSFER IF NOT PAID TIMEOUSLY.
*
ITEMS MARKED WITH
CALCULATE HOW MUCH FUNDS WOULD BE REQUIRED
THROUGHOUT THE TRANSFER PROCESS:
CALCULATE YOUR AVAILBLE CASHFLOW WITHIN THE TRANSFER
PERIOD TO ENSURE YOU CAN COVER ALL OF THESE EXPENSES.
CONSULT WITH A BRIDGING COMPANY TO UNDERSTAND
HOW MUCH YOU QUALIFY TO BRIDGE FROM YOUR
TRANSFER PROCEEDS AT THIS EARLY STAGE.
Rates and taxes: Arrears plus 4 months in advance must be settled upfront
*
Certificate of compliance
*
• Electrical certificate
• Water certificate
• Gas certificate
• Beetle certificate
Bond cancelation penalty (if applicable)
Armed response early termination penalty (if applicable)
Moving costs
Deposit on new home
Transfer duty on purchase of new home
(NB: This is required approx 8 weeks prior to transfer)
*
Bond activation fee on purchase of new home.
Conveyancing fees on transfer of new home
*
Other expenses over this period
• School fees
• Business funding
• Asset purchases
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If you would like to avoid putting yourself under undue pressure,
consider the bridging finance option.
makes the process quick and
easy and offers excellent rates.
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