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.

Examples of recent questions relating to Nedbank consent to let

  • Can a new mortgage be taken on a consent to let with Nedbank?

  • I purchased a house 3,two years ago in Sunderland when I worked locally. I got a promotion which necessitated working in Watford. I drive down on Sunday morning and live with a family member during the week. I decided on relocating with the family to avoid the commute. I am deliberating the option of renting out my existing home. My mortgage is with Nedbank, would I have to change my mortgage rate or ought I try to get consent to let?
  • I have a Nedbank mortgage on a flat I own, in Bromley. Last month, resulting from a change in my circumstances I decided to let out the apartment, and rent an alternative property in a different area within same loc. The state of affairs that changed is that I started cohabiting with my partner, and the flat is not large enough for us. I would rather not dispose of the flat because the current market value is significantly lower than when I acquired the flat eight years ago. I contacted Nedbank for a consent to let which was refused because they determined that my intention was to invest in the flat. Any insight would be greatly appreciated, as this is really stressing me out. There is a sense of urgencybecause there is already a prospective tenant waiting for this consent to let and may pull out.Yours sincerely
  • I currently have a mortgage with Nedbank and the LTV is currently 60% with the Nedbank current book value and would like to acquire another property but would like to keep my existing property at the current market value. I have had CTL from NRAM 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 repayment.
  • I have had my mortgage with Nedbank for the previous eighteen months and I am interested in finding out some more information about the possibility of obtaining 'consent to let’.
  • Please can you provide me with advice as to how to go about gaining consent to let from Nedbank and what, if any, fees I face.
  • My wife and I spoken to someone at Nedbank about changing our current mortgage to consent to let (the current fixed rate comes to an end in june next year). Can I just confirm that I need to formally put the request in writing setting out our change in circumstance to Nedbank? Where do I need to send the letter to?
  • One year into a homeloan with Nedbank due to work reasons need to move. Is it possible to get buy to let or consent to let.