Former Generations actor Mike Mvelase On The Verge Of Losing His House, according to a report by Sundayworld.
The report claims that Absa Bank who bankrolled him for the house is said to have obtained a court order to kick him out of his R1-million house in Corlett Gardens, north Joburg, after failing to keep up with monthly instalments.
The actor also confirmed the news, and said that he is working it out with his lawyer;
“My brother, I’m talking to the lawyers about this matter, but you are being unfair, you can’t be talking to me about this matter.
“Please my brother, this is not a laughing matter,” he said before hanging up.
According to court documents , he bought the place for R756000 in 2014 and later obtained a R151200 loan against the property. Heis said to have been paying R8590 in monthly instalments but defaulted late last year.