Case study: leveraging the family relationships

Family support was needed to help a young couple buy and build a new home, without money being gifted, while working with the whole family’s finances.

Ben and his wife, Catherine, are in their early 30s and have a toddler. While he is the owner of a successful business, it has only been operating for two years. They were looking to buy a property that would be knocked-down to be rebuilt as a family home that met their medium-term requirements.

However, even though they would also be reinvesting the proceeds from their current home, the amount they were looking to borrow was higher than we were able to lend under the Mortgage Conduct of Business rules for regulated mortgages.

The lending process

Ben’s parents were long-term clients of the bank, and keen to help their son, but he did not want them to gift the money to him. Instead, we worked with the family to transfer funds from their bank account with Nedbank Private Wealth into a side account, and used the cash to guarantee the loan amount, as well as provide ongoing funds to service the debt. 

In addition, because it is the parents’ funds guaranteeing the loan, we ensured that they took independent legal advice before completing the paperwork so they understood any potential repercussions for the arrangement for their finances.

The results

With the loan guarantee secured by the cash deposit, rather than against the property, the bank was able to reduce the cost of borrowing to the children, which made the loan possible and gives additional comfort to all parties that the loan servicing is affordable. 

Ben and Catherine are now moving ahead with their plans to rebuild, an approach they also believe will stand them in good stead given they want to repeat the experience in the future, when they will look to sell, buy another property which will be rebuilt to provide their forever home.

Clients can borrow against a UK, Isle of Man or Channel Island-based residence, be it a home or an investment property. We also lend against investment portfolios, and loans can be denominated in Sterling, Euros or US Dollars.


To find out more about Nedbank Private Wealth’s bespoke lending services, please contact your private banker directly or call our client services team on +44 (0)1624 645000. Or you can get in touch using the links to the forms towards the end of this page.

Your home is at risk if you do not keep up repayments on a mortgage or any other loan secured against it.

Access more case studies

Case study: sustaining income after a divorce

1 Apr

   |   2 mins

Case study: as a client was going through a divorce, we helped her visualise her future finances to provide reassurance she could maintain her current standard of living and help her children financially when they are older.

Case study: long-term support via borrowing

1 Apr

   |   1 min

As a client renewed her interest-only mortgage, a conversation with her private banker led to a solution that helped her broader finances too.

Case study: two weeks to snap up prime land

1 Apr

   |   1 min

Our client wanted to snap up a plot of land in a prime location through a private land sale, with the seller giving us just two weeks to complete.

Case study: start planning early

1 Apr

   |   1 min

A couple in their mid-30s were keen to make sure they were on track for retirement, and plan for unexpected shocks, and see what 'good' looked like.

Get in touch

If you are interested in becoming a client, please complete the form via the ‘become a client’ button below. Alternatively, if you are already a client, or if you have a question about how we help clients in particular circumstances, please use the ‘contact us’ button.

We will get back to you as soon as we can during office hours, which are Monday to Friday, 8am to 8pm (UK time), except for UK public holidays.

Become a Client

Thank you for your interest in Nedbank Private Wealth. Please call us on +44 (0)1624 645000 or complete the requested information and one of our team will get back to you soon. We look forward to speaking with you.  Please note: If you are an EU resident, we are unfortunately unable to offer our services to you at present.

* Required fields

Contact Us

Please call us today on +44 (0)1624 645000. Our office hours are weekdays from 8am to 8pm (UK time), except for UK public holidays.


Or please complete and submit the below form and one of the team will get back to you as requested.

* Required fields

Search suggestions