Compared to a full time employees - a self employed individual will have a much harder time securing a loan from the banks for the purchase of property. The paperwork requested by the banks could drown you and the turn around times are stunted by the meticulous checking by the banks. This is understandable to a degree – but does being self employed really indicate a much higher risk for the banks?
The banks see a self employed individual as having a “lack of guaranteed income” – but in today’s economy no one has a guaranteed income and a self employed individual could lose their income as easily as an employee.
The South African Property Market is on the Up and Up according to Property valuer Erwin Rode. He states that the yearly growth of industrial rentals has slowly been on the rise, a very good sign for companies across South Africa. 
Residential property in the area has become more sought after, which has led to a surge in the property values. Adrian Goslett, CEO of RE/MAX of Southern Africa, says that due to the number of high-rise developments, sectional title units outnumber freestanding homes by approximately nine to one.