7 Smart Steps to make homeownership your 2026 Reality

• Expert guidance and pre-approval dramatically boost bond approval odds and buying confidence.
• Strong credit and lower interest rates are opening a rare affordability window for first-time buyers.
• Small rate and repayment improvements can save tens of thousands over your loan term.

From Dream to Deed

For many South Africans, owning a home is more than a financial goal, it represents security, stability and a place to belong. It’s no surprise that 92% of South Africans believe everyone has a right to own a home, far above the global average.

Yet between the dream and the deed lies a complex process of affordability checks, credit assessments, bank approvals and paperwork.

This is what BetterBond calls the “homebuying paradox”: the emotional high of finding a home versus the administrative and financial hurdles that can delay or derail the journey.

According to Bradd Bendall, National Head of Sales at BetterBond, the right preparation and professional support can turn this paradox into a clear, achievable plan.

Seven smart steps to make ownership your reality in 2026:

1. Bring in the experts
Working with a bond originator and experienced estate agents significantly improves your chances of success. BetterBond data shows approval rates rise from 53% at one bank to 79% when applying to four or more banks through a bond originator.

2. Secure bond pre-approval
Pre-approval clarifies your budget, strengthens your offer, and flags potential credit issues early. “Currently, 95% of BetterBond’s preapproved buyers go on to receive final bond approval,” says Bendall.

3. Get your credit in shape
Strong credit history improves approval chances and interest rates. Nearly half of declined applications in 2024 were due to affordability or weak credit profiles, according to BetterBond.

4. Use the rate cycle to your advantage
With prime down 150 basis points since late 2024, affordability has improved and deposits have fallen. First-time buyer deposits are down 20% year-on-year, creating a rare window of opportunity.

5. Understand the numbers, not just the emotion
Choosing between fixed or variable rates, understanding affordability ratios, and timing the market all require objective financial insight.

6. Optimise your long-term savings
BetterBond clients save an average of 0.65% on their interest rate. “Even a small extra monthly payment can shave months and significant interest – off your bond term,” says Bendall.

7. Protect your asset
Adequate building insurance is essential for bond approval and long-term security. A professional valuation ensures the right level of cover from day one.

An empowering investment

‍With interest rates easing, deposits falling and professional guidance readily available, 2026 could be a defining year for aspiring homeowners. As Bendall puts it:

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“With the right guidance and preparation, homebuying shifts from being overwhelming to empowering. A home is not just a purchase, it’s a long-term investment in your financial future and your family’s security.”

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