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Information for mortgage brokers

Please note this information is only intended for use by regulated finance brokers who are authorised to provide mortgage advice.

Listening to your needs

Nedbank Private Wealth is keen to hear from any mortgage broker who supports clients with over £1 million in liquid assets (or the equivalent in their local currency), and who advises clients on residential and investment purchases in the UK, Channel Islands or Isle of Man, to  invite them to participate in a survey about the UK mortgage market.

 

The survey runs until 26 October 2020, and brokers interested in completing the survey – and the chance to win an iPad Mini as well, as support London’s Great Ormond Street Hospital and Cape Town’s Red Cross Hospital in their pioneering work – can get in touch below.

How we help

We are part of a global financial services company and we have our own low-geared balance sheet*.

 

We have been lending since our incorporation in 1987, making consistent, long-term decisions. We provide borrowers and brokers with uninterrupted support, even during difficult economic times.

 

In the UK, we are authorised by the Financial Conduct Authority as a mortgage provider. Our FCA registration number is 313189.

 

* Please see our 2019 Financial Statement for details.

We appreciate that property is more than a financial transaction and see lending as a blend of art and science. We don’t adopt a tick box approach and don’t review a client’s credit scores per se. Instead, we look at the client’s entire finances.

 

Our approach is in the best interests of your clients – we are not just reviewing the collateral offered. We can also look at their investments and make a call on an option that could offer better client outcomes over the long term.

We offer competitive interest rates and fee structures that depend on the nature of the transaction and risks involved in the financing.

 

Our margins are typically 2.5% for a residential, owner-occupier mortgage and 3% for a buy-to-let investment. We can offer both fixed rate and tracker facilities.

 

An arrangement fee is also payable on acceptance of any offer of mortgage we make to your clients. This fee depends on all the circumstances of the case, including any fee sharing arrangements. A typical arrangement fee would be 1% of the amount of the mortgage facility, with up to half of this paid to your firm as a retrocession. Any fees relating to a particular mortgage will be set out clearly for you and your clients.

We have been named the UK’s best private bank by the City of London Wealth Management Awards for six years running. We think it’s important as the winner is determined by clients’ voting. 

 

We are also the only private bank listed in the Sunday Times’ Best 100 Companies to work for, and have been for 15 out of the last 16 years. We believe in looking after our staff so they can look after you. 

It is important that borrowers consider the longer-term impact this has on their finances. For example, some may be borrowing to help the next generation onto the property ladder and need to understand how circumstances might dilute their efforts, and how they can mitigate the risks.

We provide holistic support for your clients that goes above and beyond the typical approach and explores various ‘what if’ scenarios.

It is important to note that your clients’ properties may be repossessed if they are unable to keep up repayments on their mortgages.

Upcoming webinars

15 October 2020

The power of borrowing in a wealth plan

Join John Williams, head of wealth planning, and Colin Campbell, private banker and lending adviser in a webinar that explores the changing lending landscape, the options available to high net worth borrowers, and the considerations and potential pitfalls of borrowing to keep in mind.

5 November 2020

Remember, remember - a London property update

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26 November 2020

An update on one of life's (property) certainties

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Meet our lending specialists

Colin Campbell

Colin Campbell

Colin joined Nedbank Private Wealth’s London office in 2010 after 15 years with Barclays, working within its retail, commercial and wealth management divisions. He acts as a trusted adviser to a select group of high-net-worth clients, which includes private individuals, professional intermediaries, companies and trusts. Colin provides his clients with a tailored and holistic private banking service, offering integrated banking, lending, investment management and fiduciary services.

 

He is a Chartered Wealth Manager and a Chartered Fellow of the Chartered Institute for Securities & Investment.

Andrew Bates

Andrew Bates

Andrew has over 27 years’ banking experience and joined us from Lloyds TSB in Miami where he was responsible for providing banking and investment services to clients in Latin America and the Caribbean. He initially joined the bank’s Isle of Man office in 2004, and following secondments in the South Africa and London offices, he moved to the UAE in 2013.

 

Based in Dubai, Andrew is primarily responsible for the bank's international growth in both the private client and intermediary sectors in the Middle East. He is a Chartered Member of the Chartered Institute for Securities & Investment and recently graduated from the London Business School with an Executive MBA. Andrew also has full STEP membership, qualifying him as a Trust and Estate Practitioner.

Brian Cocker

Brian Cocker

Brian has 30 years' experience in financial services and joined the bank in 2017 from Duncan Lawrie, where he managed a portfolio of high-net-worth clients, with a particular emphasis on lending.

 

Brian focuses on supporting the private banking team in providing the highest level of service in respect of banking, lending and investment management.

Richie Griffiths

Richie Griffiths

Richie has over 20 years’ experience in the financial services industry, holding a variety of roles in the banking, treasury and investment sectors. Previous positions were held at Barclays Bank and, latterly, Ermitage Global Wealth Management Jersey Limited where he was a director and member of its investment committee.

 

His main responsibilities involve providing the highest level of service to a number of domestic and international high-net-worth private clients, in addition to maintaining select intermediary relationships. Richie builds strong relationships with his portfolio of clients and provides a tailored and holistic private banking service, offering integrated banking, lending and investment management solutions.
Richie is a Chartered Fellow of the Chartered Institute for Securities & Investment.

Based on client conversations

Money management

5 November webinar: Remember, remember... [Annual London property review]

27 Oct

   |   30 mins

Join our webinar to understand what's happening in the London property market with experts from three companies providing a recap of 2020 and future insights.

Money management

The power of borrowing in a wealth plan

15 Oct

   |   30 mins

Watch our 30 minute webinar to understand the changing UK lending landscape, what options are available to high net worth borrowers, and the considerations and potential pitfalls of borrowing to keep in mind.

Money management

The art of property investing

29 Jul

   |   30 mins

What should investors consider when buying property, and how should they balance property versus other investment options? Watch our webinar to hear our views.

Expatriate living

5 considerations when buying UK property

23 Jul

   |   4 mins

International investors buying UK property should realise there are a number of considerations to bear in mind, with five critical topics as Andrew Bates explains.

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.

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Contact Us

Give us a call today on +44 (0)1624 645000 or please complete the requested information and one of our team will get back to you soon. We look forward to speaking with you.

Our office hours are weekdays from 8am to 8pm UK time, except for UK public holidays.

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