How to Finance Your Home Build (or Home Loan) in South Africa - Our Loan Was Rejected

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  • Опубликовано: 15 май 2023
  • www.homebuildsa.co.za/partner...
    One of the first steps in building your own home in South Africa is working out how to actually pay for it. Building loans are offered by most South African banks and is something we applied for - except that it was DECLINED.
    That didn’t stop us though.
    In this video we explain how we have been able to finance the build of our dream home, and how our bond originators were instrumental in getting us started on our house build.
    If you need a building loan or home loan, we can’t recommend BondExcel enough. Check out why we recommend them here: www.homebuildsa.co.za/partner...
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Комментарии • 75

  • @buildwithtim
    @buildwithtim  Год назад +6

    If you need a building loan or home loan, we can't recommend BondExcel enough: www.homebuildsa.co.za/partners/home-finance/

  • @wormwood6424
    @wormwood6424 10 дней назад

    Hey guys. Nice to see xpat return. I'm trying to do the same but I am much older lol.

  • @Mk7_Musa
    @Mk7_Musa Год назад +6

    Love what you're saying about salary slips,

    • @buildwithtim
      @buildwithtim  Год назад

      It's silly to me how banks are so old school in their approach to modern ways of earning

  • @dovtskyvladixir3238
    @dovtskyvladixir3238 6 месяцев назад +1

    I've been self employed for 2,1 years, never made any payslips even thoughthe businesshas beenquiteprofitable. It has really disadvantaged me,thanks for the advice. In a years time I wanna spend 3mill on a house in my village. Thank you for the inspiration, best of luck with your business

  • @ebetsamangthupae9891
    @ebetsamangthupae9891 Год назад +4

    Thanks for sharing your journey guys. Love your faith and belief system! It's giving me the courage to pursue my own project.

    • @buildwithtim
      @buildwithtim  Год назад

      It’s so encouraging to me to hear this! Go for it…

  • @N_P85
    @N_P85 4 месяца назад

    Very inspirational, well done!!!

  • @abrahamseptember1752
    @abrahamseptember1752 Год назад +6

    We still kinda broke but we'll definitely come here in 3 years

    • @buildwithtim
      @buildwithtim  Год назад

      Yeah man, it's a wild adventure but the hussle is real and there is always a way forward despite the obstacles...

  • @reagang8038
    @reagang8038 Год назад +1

    Thank you for sharing your experience. I’m looking forward to the next video.

    • @buildwithtim
      @buildwithtim  Год назад

      Thanks! I'm working on the videos now...

  • @shadleyjacobs1765
    @shadleyjacobs1765 Год назад +3

    this blessed me so much!

  • @Njabulont
    @Njabulont Год назад +1

    Thanks tim, I’ve learnt a lot to this channel.

    • @buildwithtim
      @buildwithtim  Год назад

      So have I by document it. Thanks so much…

  • @remodiekabouter
    @remodiekabouter Год назад +1

    Nice video, in my opinion Nedbank was very accommodating compared to other banks

  • @isakalkaster1855
    @isakalkaster1855 Год назад +1

    Been waiting on these videos 🙏🏻🙏🏻

  • @siyandadube1629
    @siyandadube1629 Год назад +2

    ugh Tim man. thanks for this content. its extremely helpful. enjoy watching your journey

    • @buildwithtim
      @buildwithtim  Год назад

      Thanks for your kinds comments. Glad the content is helping!

  • @dzimbahe
    @dzimbahe Год назад +1

    Thank you for all this information. You are a blessing to each other and all of us!

    • @buildwithtim
      @buildwithtim  Год назад

      That is such a nice comment! Thanks so much…

  • @marvinjansen753
    @marvinjansen753 Год назад +1

    Great video, all of the best with the rest of your building journey

    • @buildwithtim
      @buildwithtim  Год назад

      Thanks! I think it's going to get more and more busy as we go

  • @fakey4995
    @fakey4995 Год назад

    This video is wicked!!!! I’m hooked with all the content you put out there. The raw and unfiltered 👏🏽👏🏽👏🏽👏🏽

    • @buildwithtim
      @buildwithtim  Год назад

      You are such a great support! Thanks so much.

  • @RenierWeideman
    @RenierWeideman Год назад +2

    Following the journey is awesome

  • @tshimologoleso3148
    @tshimologoleso3148 Год назад +3

    This is great content. Thanks Tim and your wife.

  • @shobishobi1160
    @shobishobi1160 11 месяцев назад

    I'm always so grateful for people that share such helpful information. building a house is an overwhelming process. Thank you Tim and Taren .

    • @buildwithtim
      @buildwithtim  11 месяцев назад

      It really is a pleasure and thanks for your kind words!

  • @tembaduda7064
    @tembaduda7064 7 месяцев назад +1

    Thank you Tim, i have been looking for this kind of content ❤ especially in SA, I am really inspired ✨️all the best in this journey 🎉 ill be following you

    • @buildwithtim
      @buildwithtim  6 месяцев назад

      Ahh, thanks so much. Easy to share our journey.

  • @linganitshuma6016
    @linganitshuma6016 Год назад +1

    Great journey so far, I’ve been following every video intently and it’s been motivating and very informative

  • @cliffblackburn5880
    @cliffblackburn5880 Год назад +4

    What an awesome video, I think we need more of the survival side (maybe a sub channel). Go into your business and helping other people do what you do and did. You will just earn more $$ on RUclips and social sites, because in a country like ours, we need this. God’s blessing thank you. Ps no need for formal education or degrees, for some it’s restrictive.

    • @buildwithtim
      @buildwithtim  Год назад +2

      I really value your perspective and input here. We actually stated a website called Smart Family Income a while back but left it as we got distracted but I do think there is big opportunities for South African's to explore online income (specially earning $$)

  • @tinyikoshibambo8167
    @tinyikoshibambo8167 Год назад +1

    bumped into your content by mistake, well, now that I think about it, by fate....great content, Thank you for sharing, details always matter for such and it's been very insightful thus far....As I subscribe

    • @buildwithtim
      @buildwithtim  Год назад

      This kind of comment makes me so happy and motivates me to carry on! I really value this. Thanks so much!

  • @garthbyronfortune315
    @garthbyronfortune315 Год назад +2

    This is amazing my wife and I are in the same position and are about to build in Bettys bay giving us a clear indication of spenditure and what we looking at spending please post more its really helpful.

    • @buildwithtim
      @buildwithtim  Год назад

      Good luck to you guys! I hope it all goes well - when are you planning on starting?

  • @comfortsibanyoni9523
    @comfortsibanyoni9523 Год назад +1

    Wow this is very inspirational and is a testimony to having strong faith

    • @buildwithtim
      @buildwithtim  Год назад

      Thanks man! Right now it's feeling a bit rough but we know we are supported here!

  • @ogone1465
    @ogone1465 Год назад +1

    Great video as usual

  • @nolwazi.s
    @nolwazi.s Год назад +1

    Thank you once more for great info. Will be in touch with the bond originators

    • @buildwithtim
      @buildwithtim  Год назад

      It's a pleasure. Really do reach out to them in the link I posted here, even if you just chat to them they can give you advice. They are such good people :-)

    • @jamesmjimaz8427
      @jamesmjimaz8427 Месяц назад

      Already filled the small form

  • @joshuagxekwa
    @joshuagxekwa Год назад +1

    Please enable download 🙏🏿 for those that want to watch offline.

  • @poswayolumkasizamkele3705
    @poswayolumkasizamkele3705 Год назад

    I am truly inspired guys, we are in the same boat with my husband

  • @edwineks
    @edwineks Год назад +1

    Hey you beautiful people. ❤ Thank you for the info.

    • @buildwithtim
      @buildwithtim  Год назад +1

      Hello Marlise, thanks for watching! Hope you guys are doing well...

  • @anrichdaseman2857
    @anrichdaseman2857 Год назад +1

    Thanks for the video. Your realism and honesty makes the channel very appealing ❤. I’m still bit confused how you are managing the building process. Seems you are a lot more involved and perhaps taking some of the project management duties. Would be interested in how this process worked for you.

    • @buildwithtim
      @buildwithtim  Год назад

      Yes, that is half true. I will get more into that…

  • @linnerdclayton7030
    @linnerdclayton7030 5 месяцев назад

    I thought it was going to b a miracle story ....but it really isn't """" that's normally how it goes ....if you put in collateral....1 bank atleast will say yes .......

  • @user-bt3xd8bf9s
    @user-bt3xd8bf9s 5 месяцев назад

    don't see Patrick's link

  • @ThatoImmaculate
    @ThatoImmaculate 2 месяца назад

    New Subbie here 🎉

  • @lethabomashego8590
    @lethabomashego8590 Год назад +1

    We need a catch video of the site

    • @buildwithtim
      @buildwithtim  Год назад

      What do you mean?

    • @lethabomashego8590
      @lethabomashego8590 Год назад

      @@buildwithtim a longer video of how the building is coming along

    • @buildwithtim
      @buildwithtim  Год назад

      @@lethabomashego8590 Ahh with you now brother! Yeah, it's been so hectic on the build and organising things but I am going to try my best!

  • @heinrichwilliams9252
    @heinrichwilliams9252 7 месяцев назад

    Hi Tim, am I correct did you mention a building cost of R10k per square? With your house design (different levels), how did you manage this rate per square?

    • @buildwithtim
      @buildwithtim  5 месяцев назад

      So that was the aim, I need to do assess but I think we are in around R10.8 PSM

  • @mandisamakanya8909
    @mandisamakanya8909 3 месяца назад

    Hi there
    How do I get hold of Patric and Tia
    I bought land I'm almost finished but I ran out of funds..
    Regards
    Mandy

  • @vigastro1
    @vigastro1 7 месяцев назад

    I like this video. Would be nice to connect with patrick and Tia

    • @buildwithtim
      @buildwithtim  6 месяцев назад

      Are you looking for a home loan or building loan?

  • @backtogodtv-btgtv8440
    @backtogodtv-btgtv8440 Год назад +1

    i have never heard of bondexcel do they help black people also?

    • @buildwithtim
      @buildwithtim  Год назад +2

      I don't think finance notices colour as an issue. They are a company who help anyone looking for a homeloan or building loan...

  • @Manasse_Preachez_shorts
    @Manasse_Preachez_shorts 8 месяцев назад

    😂finally, thanks

  • @samenterprise1343
    @samenterprise1343 8 месяцев назад

    that is expensive land, while i just have to speak with the village chief give him an amount around R6000

    • @buildwithtim
      @buildwithtim  8 месяцев назад

      I wish there was a village chief here 😂