Please be careful dealing with SA Homeloans! (Cape Town)
I would like to warn all members about my shocking Experience with SA Homeloans and especially their Insurance Department and invite you all to join my FB group: 'Beware of SA Homeloans and their Insurance"
In short: We lost our Home that was completly destroyed by Fire in June Protected content . SAHL repudiated the Claim, doubled our premium, kicked us when we were down and tried to avoid liability using every trick in the book.
We have proven them wrong- at a huge Cost, got a provisional Ruling from the Ombudsman in our favor and then found out about their limited Jurisdiction of R 1 million. We refused to waive the balance and later were made an "Offer to reeinstate the Building" that included waiving Claims for Loss of Rent, Confidentiality for anyone with knowledge of the matter and it was formulated in an illegal manner. we are now (after over 19 months and more than R 200.000.- spent) taking legal action against them. We have proof of tactics and strategies applied by SA Homeloans that can only be described as criminal.
I am slowly gearing up for a big Media release and am inviting any Journalists that are interested to cover our story, based entirely on the truth. You may alos inbox me on Protected content