Make a plan

6 Tips to Avoid Home Renovation Problems

home renovation

Six must-do’s before renovating

While investing in your home does improve its value, renovating can have its challenges. Here are 6 do’s and don’ts to avoid home renovation problems.

  1. Before starting anything, scour the web for inspiration and ideas (see some of our website recommendations). Having a clear idea of what you want will save you money in the long run.
  2. Don’t use your entire budget. Keep 20% aside - 10% for surprises along the way and the other 10% for decorating.
  3. Manage your expectations when it comes to the deadline for completion. Unforeseen delays occur regardless of the amount of planning, so take a deep breath and carry on.
  4. If you can afford to, move out. There is a lot of noise and dust in renovating. Moving out will ensure a healthier family and more room for the contractors to work.
  5. Don’t DIY when it comes to plumbing and wiring unless you are a certified professional. You will require an electrical certificate when selling and for insurance.
  6. Consider hiring a project manager. They will take the stress out of coordinating contractors and builders etc. and will ensure your vision becomes a reality. But before hiring anyone, visit http://www.southafrica.info/services/consumer/building.htm#.VEyyuuebQ7A

The information here will prevent you from being taken advantage of by a builder or contractor and advise you on the best course of action.

Insurance

Considered insuring your car and home with the same insurer? You could save on your monthly insurance premiums.

Find Out More
Consolidation Loan

A Debt Consolidation Loan can be an effective way to manage your finances and increase your monthly cash flow.

Find Out More
Funeral Cover

When you have funeral cover, you and your loved ones will receive financial support after the loss of a family member.

Find Out More
Medical Aid

Find medical aid cover that best suits you and your family’s needs. Be prepared for unforeseen medical costs.

Find Out More
Personal Loan

A Personal Loan is a convenient way to take care of your personal and family needs and goals.

Find Out More
24%

of customers use loans for consolidation

24%

of customers use loans for renovations

12%

of customers use loans for education

Our Sponsorships

Read more about how we support grassroots Rugby through our Currie Cup Sponsorship.

Read More
Job Opportunities

Thinking of working for DirectAxis? Why not explore what it means to work at DirectAxis.

Read More
Customer Care

We pride ourselves on delivering the best possible customer service. Get in touch today.

Read More
Social Initiatives

Find out more about the corporate social initiatives we're undertaking to deliver positive change.

Read More

Your direct connection to Financial Services. Direct Axis SA (Pty) Ltd (Registration no 1995/006077/07) is an authorised Financial Services Provider (FSP 5 and FSP 7249) © Copyright 2017
Privacy Policy - Legal Documents - Sitemap

Loan repayment terms range from 24 to 72 months. The maximum interest rate with regards to a DirectAxis Personal Loan is 27.75% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile.
An illustrative example of a loan at an interest rate of 27.75% per annum would be: Loan amount R50 000 plus a once-off initiation fee of R1 197.00 and a monthly admin fee of R68.40, over 72 months.
The total cost of the loan will be R 110 529.68 which is an Annual Percentage Rate (APR) of 30.95%.