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.

Common questions relating to Nedbank consent to lease

  • Will Nedbank choose to operate a right to increase interest rates on a homeowner mortgage that has just been approved for Consent to Let at any time, onto ‘rates equivalent to their Buy to Let range'?

  • Me and my husband have a Nedbank mortgage and are never missed a loan payment, both employed etc. Do you know how much the fees are and if Nedbank are likely to give us consent to let without porting the loan to a commercial rate?

  • I have exchanged contracts for a new build property in which I was going to move into, but my boss has offered me a posting overseas for 2 years, can I let the new property with consent to let from Nedbank.
  • The plan is to move in with my partner and I have let my property out to 2 tenants on a twelve month AST. The application for consent to let from Nedbank is in hand but what if they refuse. I can’t renege on my contract in terms of backing out of renting the students as the paperwork is finalised. On the other hand Nedbank could sue me for breach of a condition i.e. letting it out in the absence of consent to let.
  • I have a mortgage with Nedbank on a two year fixed rate. I could have an opportunity for a teaching job abroad next year. Would I qualify for consent to let via Nedbank if I took this job abroad?
  • At the moment I do not have consent to let by Nedbank but I would like to change to one, An opportunity has arisen which might involve me working away for eighteen months. But want to keep my house for when I come back - can you assist?
  • Me and my partner took a mortgage with Nedbank but am informed they have a policy that they do not grant consent to let the property to a local authority. Is this correct and if so, can you suggest a way to bypass this?
  • I have a mortgage with Nedbank. I am thinking of moving out and letting out my flat. Am I required to obtain consent to let ?