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Good news for homeowners - New player in property market

03 February 2009 Sanlam

Financial services giant Sanlam and real estate investment holding company Jigsaw have joined forces to help consumers gain entry into an increasingly tough property market.

The newly formed business unit, Sanlam Home Solutions, will serve as a mortgage originator for amongst others Sanlam clients as well as clients of Jigsaw real estate networks.

With real estate networks ERA, Realty 1 International Property Group and Aïda in its stable, Jigsaw is currently one of the country’s largest real estate franchise groupings.

Anton Gildenhuys (pictured 1), CE: Sanlam Personal Finance Strategic Business Development, says against the backdrop of tighter lending criteria, the global credit crisis and non bank lenders exiting the home loan market, Sanlam saw an opportunity for a financial institution with a long-term view to form a partnership to assist consumers in realizing their dreams of home ownership.

“Sanlam Home Solutions will be all about finding solutions for buying, selling and financing a residential property based on the client’s financial position.

“Clients will not only be serviced by a knowledgeable, professional Sanlam Home Solutions consultant, but Sanlam Home Solutions will also provide the client access to a professional financial planner who can conduct a comprehensive financial needs analysis and address the clients’ financial needs around home ownership at the time and into the future. This gives Sanlam the opportunity to assist clients when making one of their most critical financial decisions,” says Gildenhuys.

Jigsaw CEO Neville McIntyre (pictured 2) says Sanlam Home Solutions will offer comprehensive bond origination services to buyers, sellers or those wanting to rent that will ultimately pave the way to home ownership.

“As an approachable, responsible and resourceful company, Sanlam Home Solutions will significantly increase the consumer’s confidence about entering the property market,” he says.

Sanlam Home Solutions’ bond origination services include:

  • Providing pre-assessments for home loans for potential home buyers;
  • Sourcing the best bonds from banks and financial institutions; and
  • Offering long-term support for home buyers
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