Takealot gives South Africans the chance to get even more
Takealot South Africa has expanded beyond retail by launching a service that opens the door to something much bigger.
Takealot has expanded beyond gadgets, groceries, and daily deals by allowing customers to “add a home loan to your cart.”
In partnership with MortgageMarket, the online retailer launched a Home Loan Hub, giving South Africans access to loan offers from multiple banks through one streamlined application.
Takealot brings you home loans
As reported by BusinessTech, the new services will work as follows:
- South Africans can apply once on the Takealot Home Loan Hub web app.
- They will then be pre-approved based on their affordability and credit score through a soft credit check (with no impact on your credit record).
- They will then be able to compare side-by-side offers from banks like Absa, FNB, Investec, RMB, Standard Bank, and others.
- Customers can then choose an offer, and the selected bank will contact them to finalise.
The service charges no fees and carries no hidden costs or obligations.
South Africans only need an ID or passport, their latest payslip, three months of bank statements, and a signed Offer to Purchase.
They can upload documents electronically (.pdf, .doc, .png, .jpeg). Even without an Offer to Purchase, they can still use the pre-approval tool to check how much they might qualify for.
The sweetener
To boost uptake, Takealot will reward successful bond registrations made through its platform with Takealot vouchers worth up to R20 000.
The main applicant receives the voucher once the bond for their new home is registered via the Takealot Home Loan Hub, with the value determined by the loan size and capped at R20 000.