DOCUMENTS REQUIRED

FOR APPLICATIONS:

 

SALARIED APPLICANTS:

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​​– Latest 3 months’ payslips (income to be verified against bank account)
– If in receipt of allowances or variable pay, then 6 months - latest payslips are required
– Latest 3 months’ bank statements, stamped by the bank –not Internet statements
– If in receipt of variable income, then 6 months’ latest statements will ​be required
– Statement of Assets and Liabilities - only if buying over R1,5milj
– Identity document(s)
– Rental contracts in respect of rental income to be used in affordability assessment

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Self-employed applicants:
(including sole proprietors and small businesses)

– Comparative financials covering a trading period of 2 years
– Letter from auditor confirming personal income
– If financials are older than 6 months, up-to-date, signed management accounts are required
– Cash flow forecast for ensuing twelve months
– Personal statement of Assets and Liabilities
– Personal & business bank statements
  (Absa: covering latest 12 month period; other banks 6 months)
– IT34
– Company/CC/Trust – statutory documents
– Identity document(s) of directors/members/Trustees

– Trust deed/resolution/letter of authority/ID of all trustees, beneficiaries & Founder/addendum of Trustees

 

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Please bear in mind that, in terms of the banks’ current lending criteria, ​

they reserve the right to call for additional information and supporting documents.

The above list is merely a guideline.