23/07/2025
Since the beginning of 2025, the South African home loan market has seen a mix of trends. Interest rates are down due to consecutive cuts by the SARB, impacting affordability positively.
First-time buyers, in particular, are seeing improved bond acceptance rates from their own banks. At the same time, the market is also undergoing a period of adjustment.
Buyers are recalibrating their long-term affordability and working to build up the deposits required for homeownership. Banks anticipate that this stabilisation phase will continue throughout the year as confidence gradually returns to the market, especially in areas where properties are well-priced and aligned with buyer affordability.
As one of South Africa’s leading bond originators, we at GetGo Home Loans can only positively report in this cautiously optimistic market. While national bond approval rates average between 75–80%, 82% of all GetGo clients have their applications approved. Our clients also benefit from an average interest rate saving of nearly 0.7%, which exceeds the industry norm of 0.5%. (Source: Property24) With an average purchase price of R1.2 million, many South Africans struggle to secure 100% bonds. Yet, most GetGo clients not only qualify for full bonds but often receive additional funding to cover bond registration and transfer costs. (Source: StatsSA, RPPI)
What we know, and are proud of, is that GetGo Home Loans’ applicants are more financially prepared through our thorough pre-approval process, and are better supported through our team of Home Loans Specialists.
