Former Chiefs winger set to lose his R600k house! – report

Known for driving the ladies bonkers with his chiselled physique, a former Kaizer Chiefs player is reportedly set to have his house repossessed.

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According to Sunday World, Mthokozisi Yende’s house in Kempton Park, Johannesburg, is set to be auctioned off.

Rafael Van Der Vaart, Mthokozisi Yende - Kaizer Chiefs v Tottenham Hotspur - 2011 Vodacom Challenge
Rafael van der Vaart of Tottenham and Mthokozisi Yende of Chiefs during the 2011 Vodacom Challenge match between Kaizer Chiefs and Tottenham Hotspur at Peter Mokaba Stadium on July 16, 2011 in Polokwane, South Africa.
(July 15, 2011 – Source: Gallo Images/Getty Images Europe)

This comes after Yende reportedly failed to keep up with his bond repayments, after obtaining a loan of more than R670 000 from Standard Bank to purchase the townhouse in Accasia, Greenstone Hill, more than 10 years ago.

The report further suggests that the 35-year-old was expected to cough up just under R7 000 a month for 240 months, but did so for a few years, reducing the bond to just over R591 000.

It is said he failed to keep up with payments, which saw him default on his installments and was more than R47 000 in arrears.

Should the former Maritzburg United playmaker wish to save his house, he would reportedly have to fork out more than R591 000 to the bank in full plus interest.

The auction reserve price has already been set at R800 000, should Yende not come in to save his lush pad.

Born in Tembisa, Yende made a name for himself at University of Pretoria during the 2009 edition of the Nedbank Cup where they reached the final but lost to Moroka Swallows, which saw him snapped up by the Glamour Boys.

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