About Me

My photo

I am a qualified Attorney. I specialise in Property Law, Commercial Law, Corporate Law and Trusts.
Please visit our website at www.prop-law.co.za for more details.
I am an elected Committee Member of the Property Committee of the Association of Pretoria Attorneys and through my involvement, I like to ensure that I am constantly at the "sharp-end" of Conveyancing Practice.

I am the elected Chairman on the Gauteng Council of SAPOA. The South African Property Owners Association (SAPOA) is the biggest and most influential institution in the property industry. SAPOA members control about 90% of commercial property in SA, with a combined portfolio in excess of R150 Billion (about $22 Billion). I am also on the National Council and the National Legal Committee of SAPOA.
Member of the Institute of Directors South Africa and Member of the Sirdar Governance Panel.

03 December 2013

'Banks should give better mortgage deals to long-standing clients'

'Banks should give better mortgage deals to long-standing clients'

Loyal clients should be rewarded with better mortgage deals and interest rates says Bill Rawson of the Rawson Property Group.

'There are a great many people who become bonded with their banks and entrust almost every financial activity in which they are involved to their banks.'

'Surely such clients deserve above average treatment, especially when it comes to bond mortgages. This type of loyalty should, I believe, automatically qualify them for a rate of 0,5% to 1% lower than standard bank mortgage loans and their application process should also be simplified.'

At the moment, said Rawson, it does appear that the various different sections of banks are completely unaware of the clients' involvement with other departments, but 'streamlined bouquets' of the type he is suggesting would not be that difficult to set up.

'With the aid of a computer program, these can be introduced and applied automatically when certain prescribed levels or conditions are met - and from the estate agent's point of view they would be very welcome because they could help people to invest in property quicker and easier than is now the case.'

Rawson Property Press Release

No comments:

Post a Comment