Services For Property Owners

Whether property owners are waiting for the sale of their property to finalise or for their mortgage bond extension, DeltaO can help them meet their short-term financing needs.
Our repayment terms, competitive interest rates, and transparent fees make our solutions a cost-effective and attractive option for those in need of short-term financing.

Property Sales Bridging Finance

This service provides property sellers with access to funds before the sale of their property is complete. The advance DeltaO provides is secured against the sale proceeds of the property and it is typically repaid once the sale is complete and the proceeds are received.

Bond Extension Bridging Finance

This service provides property owners with access to funds while awaiting the extension of their mortgage bond. This loan is secured against the value of the bond extension and is typically repaid once the mortgage bond has been extended.

To apply, property owners need to meet the following requirements:

The property must be in South Africa

The property must be registered in the name of the applicant

The property must be unecumbered or have sufficient equity

A sale agreement must be in place, or the bond extension must be approved

Clearance certificates must be obtained

Property owners must obtain a valid Electrical Compliance Certificate, a Plumbing Certificate of Compliance, and a Beetle-Free Certificate before applying for bridging finance.
Once the above requirements are met, property owners can apply for bridging finance by submitting their application to DeltaO.

The application process is straightforward and typically involves providing:

The details of the property & the amount of finance required, and proof of the sale agreement or bond extension approval.

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