About us

Meyer de Waal

 De Waal, a practising attorney and director of Oosthuizen and Co Meyer de Waal Inc (1998/23947/21), was admitted in 1988 as an attorney, conveyancer and notary in Cape Town. De Waal's inspiration to start rent2buy and My Budget Fitness came from his company’s participation in raising funds and subsequently constructing houses in the Mfuleni township project:

 A home owner had to enrol in a 6-month continual savings programme in order to qualify for a house

  • If the potential home owner failed to meet this commitment, he/she had to re-start the 6- month contribution period

 The challenges that these potential home owners had to overcome in order to acquire their homes, together with establishing a track record and maintaining such, planted the seed for De Waal to find a creative solution.

His other achievements include:

  • Member of the Cape Town Law Society Wills and Estate Committee
  • Property Lecturer at Cape Technicon and Institute for Estate Agents
  • Contributor to 2008 Rode Report
  • Presented seminars to the Upington and Cape Town Law Society on Trusts in 2009
  • Guest Expert for the SA Real Estate Investors magazine
  • Founding member of CAP, a Section 21 Company focusing on providing assistance to emerging contractors from disadvantaged backgrounds. www.capsa.org.za
  • South African Housing Annual Conference, 2010 – presenting rent2buy and My Budget Fitness


Verna Pugin

Verna studied Civil Engineering draughting, qualified, and joined a large Firm of Consulting Engineers in Cape Town, but found no scope as a 19 year old non-white female in a then, predominantly “man’s world” and joined Barclays Bank in 1982.
She enjoyed a very successful career in home loans and also holds numerous other qualifications within the banking sector, which has proven to be of great benefit.

In 1995, she became involved in the ‘Affordable Home Loans Market’ as well as being a branch manager for one of the Financial Institutions. During this time she initiated many voluntary sessions in assisting clients with their subsidies within the communities and conducted presentations with community leaders and other large corporations

In 2005 she broke away from formal banking and aligned herself with 3 attorney firms to gain experience and knowledge of registrations and transfers of property, knowing the direction in which she was travelling, ultimately, education of borrowers. This has been a tremendous source of knowledge.

She joined the Home Loans Guarantee Company in 2005 and became an accredited facilitator of borrower’s education and part of their Health 4 Housing project, which offers assistance to borrowers, with a HLGC Guaranteed home loan, to have access to free HIV & Aids benefits.

She has over the past 10 years contracted to various financial institutions educating their First Time Home buyers in the affordable home loans market.

Currently in association with Meyer De Waal of MBF (My Budget Fitness) and Consumer Housing Education (CHE) embarking on an initiative to assist the Affordable Home Loans Market with Borrower Education and Government subsidies.

Courses completed:
Civil Engineering Draughting
Home Loans in formal banking
AML Home Loans ‘Train-the-Trainer’
Credit and Risk Management for SME (Small and Medium Enterprise)
Leadership and Empowerment
Adult Learning Facilitation and Training (SAQA)
Various other banking courses