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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.

Questions and Answers: Nedbank consent to let

  • I have had a current homeloan with Nedbank approaching 18 months and the fixed rate is about to be renegotiated. We are considering taking equity out of our present property to allow us to acquire a more substantial home and then let out the existing ground floor flat. The initial advice we received was that we will look for a new domestic mortgage allowing for consent to let - can you explain what this is?
  • I am currently looking for a mortgage as first time buyer and considering Nedbank with my financial adviser. Let's say I choose a four year fixed rate I live at the property and after twelve months, an opportunity arises which involves a relocation necessitating moving overseas. Where Nedbank issues me consent to let,would the rate remain the same or would go up?
  • What are the chances of Nedbank in giving Consent To Let on a maisonette? It is currently on the market and it has been for three weeks. I need to sell but I'm concerned that given the lack of interest I will need to let out the property in order to cover the monthly payments to Nedbank (I do not now live there). I would prefer to be honest with Nedbank than not tell them but I'm not sure how accomodating they would be.
  • Last month I received consent to let on a domestic homeloan with Nedbank with aim of changing to a buy-to-let rate when the fixed term ends within the six months, so I'm uncertain if this adds to the complexity of the issue! Any recommendations much appreciated.
  • My partner and I are planning to ask Nedbank for consent to let out our property in Lambeth. We are relocating overseas for three years and wish to rent out the property. I didn't look into this when we took the Nedbank mortgage, and that was due to the fact that we never foresaw an opportunity like this would come up so was planning on occupying the property.
  • My fiance and I are deliberating a remortgage and also exploring the possibility of renting the property in the future - Is there a charge with Nedbank to receive consent to let and what are the criteria?
  • Me and my husband have had my home loan with Nedbank for nine years with no arrear If I asked for consent to let would it be given?
  • I am thinking of moving in with my girlfriend at her home and would like to rent out my property that I purchased thirteen months ago, I'm just not sure of the process as my property is my first home. What hoops do I need to jump through to obtain consent to let from Nedbank If I obtain consent would my mortgage payments rise?