CONSUMER LINE | Both her properties now form part of the deceased's estate and though the insurance paid them in full, she somehow has a debt which accumulated since 2015, she said.
The purchase amount for each flat was R330,000 and she repaid R4,775 every month without fail, Motlhale said. When her financial circumstances improved, she and Gregory approached Till Viljoen of Real People to remove Gregory' name from the joint bond, but that never happened until his death in 2015, Motlhale said.
She said all the money that she paid over the years was never credited to her accounts as the statements given to her showed a balance of R288,315 and R288,312 for the flats. Meanwhile, Standard Bank which was administering Gregory's estate, had asked her to buy Gregory out in order to get back her properties or it will sell the properties.
Lizelle Adams, a legal adviser at Pulse Properties, said a response will be provided once it has investigated all the allegations and as soon as all information is at hand. Responding on behalf of Standard Bank, Ross Linstroom said:"Gregory had a will in which and Standard Bank are the executors."
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