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How long does it take to register a second bond?

Otherwise known as refinancing a bond, it can take up to six weeks for your second bond to be registered at the Deeds Office.

During these six weeks, the lender conducts a revaluation of the home, your credit record, and the affordability for the additional finance.

Refinancing your home gives you access to funds at an interest rate that better suits your pocket so you can afford to pay tuition fees, complete a home renovation or reduce your debt.

These funds will be payable after the second bond has been registered.

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0860 00 66 22

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8th Floor, ooba House
33 Bree Street
Cape Town

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The ooba group subsidiaries Property Protector Financial Services and ooba Administration Services are Authorised Financial Services Providers (FSP No’s: 216 & 46293)

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