Mc Naught and Company Toti Opening Party

We're Winning with the Banks

Mc Naught and Co are once again breaking the records and have achieved 100% in our performance ratings from the banks! Most impressive we feel, when compared to the lower national averages in the graph above.

Seminar Launched for Agents - 13 Dec, 24 Jan

The quieter property months of December and January are a good time to build up infrastructure and for training.

In a recent article in "Property Professional" Michelle Swart writes that the real estate agencies and agents that will survive the tougher climate of increased interest rates, are those who offer better expertise, negotiating skills and ability to put together a deal in which both buyer and seller have confidence in the competence of the agent concerned..

"as the property market tightens and becomes more competitive, there is now a great need for increased professionalism which will make or break the success of agencies in this kind of market." - Property Professional http://www.propertyprofessional.co.za

Completion of the Sales Agreement and drafting special clauses and suspensive conditions, understanding the implications and consequences of the clauses, is one area in which Mc Naught and Company can assist. We are always available on call on 083-7033329 to help with these, but in December and January we will be running Contract Seminars to help train agents in drafting their own clauses.

Please ask for a booking form, or print one as soon as we have uploaded it here - the dates are Wed 13th Dec 2006 and Wed 24th January 2007 and includes lunch. So book your seat early.

Deeds Office Strike

Not too much of a wobbly, but the Deeds Office Examiners, Data Capturers and Microfilming staff are intending a strike fromthe 7th to the 10th November. We do see a delay in the examination, registraton and release of our transactions.

Shake-up in loans procedures

I attended an all-day Nebank Conference yesterday and enjoyed a briefing on the shake-up in the credit industry about to take place, as well as where Nedbank is currently positioning itself in the home loans market-place.

In terms of the National Credit Act which is due to take effect 1st June 2007 only registered credit providers can make loans to individual consumers. The consequences of failing to register is that the credit agreement will be invalid and the consumer need not have to repay the loan. It will also clamp down on credit bureaux and the length of time adverse records are kept. The new regulations will have considerable impact on the way we, as the banks attorneys and conveyancers, present documents to clients and the training of the staff who explain legal contracts to clients. Mc Naught and Company are ready for these changes and remain at the forefront in assuring the public that they will always receive professional advice and care in all of their financial transactions and mortgage registrations.

New Amanzimtoti Offices

Mc Naught and Company’s new offices in Amanzimtoti under construction to take advantage of the growth in the south Durban market.

Priya maintains firm's edge

Priya Odayar recently joined Mc Naught & Company as a qualified Attorney and is specialising in Conveyancing to help maintain the firm’s edge as a leading Durban conveyancing firm.

Build-up of Infrastructure

Dave and Staff, are always on the go....more like “hop” though as we build up the firm’s infrastructure for busier times.

The uncertainty in the property market fuelled by more possible interest rate hikes is still a good time to do business says Dave, and to ensure that your organisation is properly geared to give the clients the best service.
Innovations in the SARS Transfer Duty payment structure we have implemented as well as Rates Clearance procedures are ensuring that transfer turn-around times are dropping.

Thanks to my dedicated staff who are all working hard to ensure quicker mortgage and transfer registrations.

We handle sub-divisions and land registrations

New Bluff land sub-division registered by Mc Naught and Co for property being developed.

New Paperless Transfer Duty

Faster Transfer Duty receipts are the order of the day with Mc Naught and Company’s new SARS online system.

“Met hierdie nuwe stelsel kry ons die hererege-kwitansies dieselfde dag terug as wat ons die aansoek daarvoor indien”, bevestig Mark.

As such Mc Naught and Company is now offering an even faster service. Mc Naught en Kie—u blits eiendomsoordrag-spesialiste!

← Mark Leathers is serving his Legal Articles at Mc Naught and Company.