ABSA UNPACKS CREATING AND ACCESSING EQUITY ON YOUR BOND 

Tonight we’re joined by the team at Absa to equip you on how you can create and access equity on your bond.

Our guests: Portia Letlape and Kyle Vilakazi - Absa

#PrivateProperty #YSYR #LivePodcast

#PrivateProperty #YSYR #FarmingPodcast

00:00 Show starts

02:11 Introduction by Zama

07:25 Question 1 – How can customers use their home loans to access funds?

08:04 Answer – Portia Letlape

11:20 Comment – Zama – using funds for various things

12:03 Comment answer - Portia Letlape 

12:31 Question 2 – What do we mean by equity in a home loan?

13:04 Answer - Kyle Vilakazi

14:37 Question 3 – Does the customer pay the further advance or the rear advance over the remainder of the loan term?

15:29 Answer - Kyle Vilakazi

17:07 Question 4 – After how long can one apply for a further advance?

19:13 Answer – Portia Letlape

20:12 Answer - Kyle Vilakazi

22:58 Question 5 – Further advance and readvance, take us through how taking either of these products potentially affects your insurance

23:23 Answer - Portia Letlape

25:46 Question 6 – How do people go about applying for the re-advance and the further advance?

26:20 Answer - Kyle Vilakazi

28:02 Question 7 – Facebook

28:19 Answer - Portia Letlape

29:55 Question 8 – Facebook

30:19 Answer - Kyle Vilakazi

32:47 Question 9 – Facebook

32:59 Answer - Portia Letlape

33:47 Question 10 – Facebook

34:17 Answer - Kyle Vilakazi

36:39 Question 11 – How does the re-advance or further advance affect the life cover?

37:05 Answer – Portia Letlape

38:33 Question 12 – YouTube

38:46 Answer – Kyle Vilakazi

39:26 Question 13 – Facebook

40:10 Answer - Portia Letlape

42:22 Question 14 – How fast is the process of accessing that equity?

43:03 Answer – Kyle Vilakazi

44:05 Final Tips - Portia Letlape

44:29 Final Tips - Kyle Vilakazi

45:05 Closing remarks – Zama

46:30 Break 

48:06 After the break with Zama

48:30 Winner announcement

50:18 Closing remarks – Zama