Frequently Asked Questions

This is a way to access funds that will be available in the future when a property transaction is registered in the Deeds Office. The transaction is effectively the discounting (purchase) of the future receivable due to either the seller, or the owner obtaining mortgage bond finance, or the estate agent with a claim for commission. We also obtain a written undertaking from the attorney attending to the transfer process, to make repayment on the date that the transaction is registered.

Simply complete the application form as thoroughly as possible and forward the signed form to info@combinedfinance.co.za. We will obtain the undertaking from the attorneys, together with any other documents we may require.

Request a quote using the calculator spoput to the right. We do not charge a raising or administration fee, and this typically makes our quotes extremely competitive. Please remember to factor in these fees when comparing quotes. The easiest way to do this is to request a quote for the total cost for 30 days and then to compare our quote against those from other financiers.

This depends on two variables: firstly, whether the property transaction is ready for bridging; and secondly, how quickly we can obtain the undertaking and other requirements from the attorneys. Our steadfast aim is to pay all applications on the day on which they are received. If there are no problems with the credit of the applicant, then payment is made as soon as the application is approved. This can take place as soon as we have received everything we require, unless the client instructs otherwise. Once we have everything, payment can usually happen on the same day, unless the application is declined.

You can qualify if you are the seller of fixed property, who has sold the property and is expecting payment of cash on registration, or if you are the owner of the property who is receiving money from a new/further/switch bond on registration of the bond in the Deeds Office. If you are an estate agent who has a claim for commission as a result of a sale achieved but not yet registered, you also qualify for property bridging finance.

No, it is also available for the proceeds of new/further/switch bonds.

You can apply for up to 80% of the cash that will be owed to you upon registration of the relevant sale or bond in the Deeds Office.

This finance may be used for any purpose without limitation. For our own purposes, we classify applications into the following categories: transfer duty; rates and taxes; seller's advances; and further switch bonds.

As a general rule we do not approve applications from unrehabilitated insolvents, persons under debt review, or those who have seriously impaired credit records. We do however evaluate each application on its merits, and should you fall in one of these categories, we invite you to contact us so that we may try to assist you.

This depends on the nature and severity of the credit impairment(s). We evaluate each application based on its merits. Please contact us, as an impaired credit record does not necessarily mean your application will be declined.

We only approve applications if we can obtain an undertaking from the conveyancing attorney, who must also be on our panel of approved attorneys. If your attorney is not on our panel, we will try to approve him or her for addition to the panel. However, this process may not always be successful. If your attorney is not on our panel, that is not necessarily cause for alarm. We have a very stringent panel attorney selection process, including references that we find acceptable. This is not always possible, even with reputable firms and attorneys.

Our credit department will indicate the reasons for your application being declined. Contact us for further clarification here.

Absolutely, provided you are also selling a property. If you are not selling a property as well as buying one, then we will not be in a position to assist.

An interdict is registered by judgment creditors to ensure that they are paid when you sell your property. We may be able to assist, though usually only once the interdict has been uplifted. This is a formal process which will be co-ordinated by the conveyancing attorney. We do however analyse every application on the merits, so please do submit your application which we will pay as soon as it is possible.

No. Unfortunately we only offer property bridging finance.

No. Combined Finance only offers secured finance, such as property bridging finance and other Alternative Home Finance.

There is no minimum transaction size. We do not consider exposures of larger than R2-million per bridging finance client. Should your transaction be larger, then we may be able to assist by partnering with a competitor to provide the finance you require. Please contact us for further information.

Yes, although possibly not through our property bridging finance solution. We may be able to assist with one of our other products. Please contact us so that we may assess your requirements and see whether we can assist, or refer you to a financier who can.