Need Help?

Need professional advice for your consent to let with Nedbank Private Wealth Ltd? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Frequently asked questions relating to Nedbank consent to lease

  • May I ask if it is possible to procure consent to let with residential loan with Nedbank? We are intending to relocate to Lewisham to live closer to our kid’s school, but we are not yet sure if the move will be for more than eighteen months.
  • Please can you give me some more detail on what the procedure is for applying for content to let, what do I need to do. I am thinking about taking a Nedbank mortgage on a £200,000 house in twelve months time. The intention is to hold the house as a second home but I would like to consider what options are open to me to let the property in the future. If our circumstances were to change the house would either be sold or rented.
  • What is the procedures for obtaining consent to let from Nedbank? What information do they ask for? is there a fee to pay? Is consent generally limited in time and if so, for how long? Do I need to renew it every year? What if I obtain a consent but decide not to rent the property out?
  • We have a flat in Wandsworth which we acquired off-plan approximately eight years ago. As we've now got a young son we need a bigger home. We've identified a house in Waltham Forest that we would like to buy and want to keep the flat as an investment to rent out. The mortgage is with Nedbank and we've found a tenant who will pay rent in excess of the monthly mortgage payment. The query is, can we retain the repayment mortgage with Nedbank so we effectively paying off our loan on the property or do we have to move it to a buy-to-let mortgage?
  • We have already been told to write a letter to Nedbank to obtain consent to let, I'm just trying to find some guidelines on the letter? What I should or shouldn't include?
  • I am looking to place my house on rent due to job commitments and was curious if this is possible to negotiate consent to let. It is on a fixed rate mortgage with Nedbank until 2018 December
  • I have a mortgage with Nedbank. I am thinking of moving out and letting out my property. Do I need a consent to let ?
  • I was just wondering if there are any restrictions in getting consent to let on a freehold property when I have a mortgage with Nedbank