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

  • My brother and I are joint proprietors of a flat in Enfield with a Nedbank mortgage. I am looking to move out and purchase a new property with my fiancee. How should I deal with renting out my room? Do I require consent to let via Nedbank. My brother will continue to live in the property
  • Much to my surprise I have just been presented with a once in a lifetime job opportunity for 9 months in New York. I have enough savings to cover the monthly Nedbank mortgage however the buildings insurance stipulates continuous residency in order to be valid. Last December the roof suffered storm damage but was repaired. If there happened to be any problems through the winter months I would find it hard to afford remedial works. Will I qualify for consent to let by Nedbank for a limited period?
  • My husband and I might have to lease his apartment out. I realise that I require consent to let by Nedbank. We plan on joining a landlord association should we decide to let the flat, but which of the two should we join? We've come across the RLA and National Landlords Association.
  • I have a one bedroom apartment in Wandsworth which I inherited in 2007 and which I have since remortgaged with Nedbank on a fixed rate which ends next June. If I want to let out the property whilst I go travelling what do I need to do and is there a time limit? Are there any other financial repercussions when seeking consent to let?
  • How much of my mortgage allowance will be made available to draw down on if I change my mortgage to a consent to let with Nedbank?
  • How likely is it that I can keep my existing homeowner mortgage with Nedbank if I start renting out? If the consent to let is granted will they tie me into an increased rate?
  • I would like to purchase a new home but can't afford to sell my current apartment with a Nedbank mortgage. Do you know the criteria for Nedbank to give consent to let? Is getting married and having kids a sufficient reason to to ask for consent to let?
  • Will Nedbank grant consent to let my house? I have an existing homeowner mortgage, never had arrears and have been with Nedbank for nearly since 2009. What costs am I likely to incur