Private Sector

Banks

This is an optional stakeholder that may be engaged in some cases. Housing Authorities may wish to partner with banks to trace or locate missing beneficiaries during the validation process.

In addition, the regularisation process may require non-qualifiers to pay the Housing Authority to formalise an informal purchase. Some households may require finance from a bank or other lender to raise required funds.

Credit Bureau

This is an optional stakeholder that may be engaged in some cases to trace or locate missing beneficiaries during the validation process.

Conveyancer

The conveyancer is required by law to lodge the transfer. The conveyancer prepares transfer documents, lodges the matter with the deeds office, collects the issued title deed, confirm that all details on the title deed are correct and rectifies any errors prior to handover to the owner.