Buying property as a juristic person under the NCA

[Eugene]

I hear you, but as the whole NCA is written in favour of the consumer, I find it strange that the small company may well fall outside the ambit of the NCA and forfeit some of the protections i.e. reckless credit, over-indebted reviews etc.

[Eugene]

BTW: I see the website http://www.townhousewarehouse.co.za/ is back online.

[QUINN]

Guys
I have found in my experience that the banks at present do not evaluate legal entities under the NCA REQUIREMENTS.
Purely by luck I might ad.
I am having a large exposure problem with one specific bank, they have declined my last two applications purely on affordability
When I made the application in the name of a trust it flew through....even faster than normal.
This was not an isolated case I paid special attention to other applications and found the same result.
Maybe this has opened up a whole new avenue for property investors.