1 reviews | Active since Mar 2009
Homeloan not able to work on Leasehold
I was owning a flat in Cape Town and was financed by Nedbank and chances are it was a Leasehold not Freehold.<br> <br> I sold a flat and now tried to apply for a town house in Jukskei view in Midrand. Due to the fact that all houses in Jukskei are <br> leasehold, the estate agent advised Nedbank consultant that all the major banks including Nedbank doesnt finance Leasehold but only SA homeloan<br> does offer on leasehold property.Nedbank then<br> Consultant mentioned to me(on the same day) that she will not proceed with my application because Nedbank doesnt allow.<br> I am pretty sure Nedbank Consultant too Estate Agent words without confirming which is my biggest worry.<br> My work colleague is staying in Jukskei and financed by Standard Bank which is a contradict to what Estate Agent mentioned about all major bank doesnt work with Leasehold properties.<br> SA homeloan approved me with 90% but I would like to compare with other banks. Can you confirm from your side if you are also financing any properties in Jukskei view in midrand and be able to assist me?<br> <br> Having owned a flat in Cape Town and was financed by Nedbank and chances are it was a Leasehold not Freehold , what is the difference with this one?
We are sorry about the trouble you are experiencing. We at Nedbank strive to make great banking happen for our clients. One of our resolution managers will contact you shortly to help resolve your complaint.
Kind regards
Client Experience Team
We are sorry about the trouble you are experiencing. We at Nedbank strive to make great banking happen for our clients. One of our resolution managers will contact you shortly to help resolve your complaint.
Kind regards
Client Experience Team
