I am currently a client of Standard Banks. Having NEVER defaulted on servicing my bonds over my properties. I have decided to sell one of my properties and Standard Bank informed the purchaser that the building was in her words: "the application was fine however it has been declined due to the complex - insufficient cash resources and high debtors. The bank will not bond any further units in this complex at this stage." This is untrue as I am in possession of the same complex's 2014 financial statement, and they do not reflect what the bank told the purchaser. As a direct result of the banks misinformation, the purchaser no longer wishes to purchase the property, I am however expected to continue to service the bond, while the Bank puts prospective purchasers off. Standard Bank must buy the property, seeing as they misinformed the purchaser.
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