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Need professional advice for your consent to let with Nedbank Private Wealth? 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 let: Q and A’s

  • We hope to rent out our flat in Sutton which is on a standard residential mortgage with Nedbank . Clearly I will ask for a consent to let. Assuming there is a cost for the consent to let can this amount also be claimed as incidental costs of financing and therefore allowable on my tax return to the tax authority?
  • My fixed rate mortgage with Nedbank runs out June next year and I wish to fix for a further 4 years with Nedbank, hopefully rates will remain low. In two years time I might want to move temporarily to a different county. How problematic is it to get consent to let from Nedbank in this situation? I would be returning at the end of the two years to reside in my property.
  • Meeting with my financial adviser on tomorrow. I will apply for Consent to Let from my current lender Nedbank. My new property in Brent will be 80% loan to value. Heard whispers that some lenders turn away consent to let customers and I may have issues regarding my new mortgage. Is there any truth in this?
  • My husband and I are soon to send the remaining information to our IFA for them to move forward with our mortgage application to purchase our first property together. My husband has another flat in 2001 which he co-owns with his brother. That flat has been tenanted without any consent to let from Nedbank. Fast forward to our application - our broker requested info on the Nedbank mortgage. If we come clean that there is no consent to let by Nedbank will it adversely impact the chances of getting a mortgage?
  • We have already let but only just dawned on us that Nedbank ought to have been notified and consent to let applied for - can this be obtained retrospectively?
  • I am looking to get consent to let on my Croydon maisonette from Nedbank. I will be leaving the UK for a year and so want to know if I can rent out my apartment
  • My husband and I have a mortgage with Nedbank on our one bedroom apartment in Lewisham. We are planning to buy a new house and move in there. How do I switch our existing mortgage on to consent to let?
  • I am hoping to fix my homeowner mortgage with Nedbank but due to work related issues I will probably have to go abroad for a couple of years. Will Nedbank allow and give consent to let and there be any penalty