Consent-to-let Help for Nedbank Private Wealth Ltd

Questions and Answers: Nedbank consent to let

• Always on the look out for a money making scheme I am contemplating leasing out my flat and make money from it while I am on vacation. It will only likely be for a couple of weeks. Is advanced consent to let from Nedbank required?

• I am currently choosing a mortgage as first time buyer and considering Nedbank with my mortgage adviser. Suppose I choose a 5 year fixed rate I move in the property and after 2 years, an opportunity presents itself which involves a relocation necessitating moving to a different city. In the case Nedbank gives me consent to let,would the interest rate load the interest rate?
• I wish to acquire a second property having recently purchased a garden flat on normal mortgage. Plan to purchase in a few months time. I have been advised that I may need consent to let from Nedbank, my existing mortgage provider? What is the best way to manage this and procure the permission required.
• Am I required to notify Nedbank of my plan to rent my property out as a holiday let for twelve weeks. Can you help clarify? I am taking separate advice on the insurance, legal and tax side of things .
• My OH and I would like to obtain consent to let on a house where we have a mortgage with Nedbank. If issued, how long would consent be given for? In asking for consent to let from Nedbank are we running the risk of them forcing us to change deal to buy to let
• I recently purchased a property with 10% deposit for personal uses. A homeloan was taken with Nedbank. But my circumstances have now changed. I am being transferred out of the area. Am I able to obtain consent to let from Nedbank and put the property up to let?
• I took a standard homeloan with Nedbank. I purchased the property in July two years ago. Is it possible to get consent to let.
• We are looking to find out more about consent to let from Nedbank. Would an acceptable reason be issues with neighbours and the house is too to small for me?