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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.

Nedbank Consent to Lease Example Support Desk Enquires

  • I am a landlord and currently completing eviction orders on a tenant who is in arear of rent. A Section 21 and section 8 have been issued. The tenant's defense for refusal to pay is built on the claim that I I failed to obtain consent to let my maisonette from my provider Nedbank
  • I previously took a mortgage with Nedbank and the loan to value is currently 60% with the Nedbank current book value and would like to buy a further property but do not want to sell my current property at the current market value. I have had CTL from an alternative mortgage provider on a previous property so know a bit about them and I also have buy to let with Mortgage Express on another property. Does the expected rental income on a consent to let with Nedbank need to be over and above the mortgage repayments? I have a fixed rate which I tied into a fixed rate and left the term at 19 years so it was paid off as early as possible, obviously this leaves with quite a high monthly cost.
  • What is the maximum period of time permitted by Nedbank that I would be able to let my property without having to switch mortgage or sell my property? Essentially, my partner would like me to move in with him and I really want to hold onto my house. I would like the fallback of knowing I still own my own property.
  • I purchased a three bed conversion flat in Croydon in 2006 and remortgaged with Nedbank on a rate which expires in the coming months. If I go overseas for work and want to lease out my property what would I need to do to get consent to let and what are the financial repercussions if any?
  • I need to send the consent to let form by courier and need to know if Nedbank have a regular mailing address I can use as couriers ordinarily don’t accept deliveries to PO Box addresses.
  • I am looking at moving abroad for work and would like consent to let from Nedbank whilst I am away. Is the way forward to prepare a letter requesting consent to let and mail it to Nedbank? The point of renting the property isn't to make money but to keep the property in case things don't turn out as well as we hope
  • I’m about to finish the fixed rate period of my 2 year fix with Nedbank and go on to the current variable rate. I would like to know if consent to let from Nedbank is possible, if there are charges, and if there are time limits?
  • My wife and I are considering applying to Nedbank to obtain consent to let our property, how long does it take from the point of submitting the application to us finding a letting agent and listing our house for rent? and are there any additional steps we will need to go through?