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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.

How we help

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

 

Lending since 1987, we make 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 can help a client use Lombard lending, as well as borrowing against property, which could lead to 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.

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.

Webinars to watch

5 November 2020

Remember, remember - a London property update

Colin Campbell hosted a 45-minute webinar with Simon White of London Surveyors & Valuers, and Marcus Dixon of LonRes, on the state of the London property market on a day that typically remembers the reason of Guy Fawkes. We also flagged our projections for the next few months ahead of any taxation changes.

26 November 2020

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

In a 45-minute webinar, Colin Campbell hosted a discussion with John Williams and Rachel de Souza of RSM on recent UK property tax changes and what else might be on the government’s agenda other than the known changes set to happen in 2021, based on the experts’ industry conversations and views.

28 January 2021

Q1 London residential property update

At 12.30pm GMT, Colin Campbell is joined by Marcus Dixon of LonRes and Rob Cohen of the MJ Group. Over 30 minutes, plus time for Q&A, they debate and take questions on London’s residential property market in our latest webinar, with the capital under the latest lockdown restrictions and ahead of the UK Budget on 3 March.

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.

 

While the initial survey has already closed, brokers interested in participating in the research can still do so by getting in touch. We are looking to publish a report in February 2021.

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

Q1 London residential property update

28 Jan

   |   45 mins

Colin Campbell was joined by Marcus Dixon of LonRes and Rob Cohen of the MJ Group to discuss the current state of and outlook for the London residential property market following the highs and lows of 2020.

Money management

Lombard loans: your questions answered

1 Dec

   |   7 mins

Lombard loans are an option few individuals take up, and yet they typically offer an opportunity for people to borrow that can be much easier and cheaper to set up, risks notwithstanding. Colin Campbell explains.

Money management

An update on one of life's certainties. What is happening to UK property tax?

26 Nov

   |   45 mins

Rachel de Souza of RSM joined Colin Campbell and John Williams to discuss UK property tax changes, how these might be mitigated and answered our audience's questions in a 45 minute webinar.

Money management

Remember, remember… on 5 November 2020: 12 questions answered on the London property market

12 Nov

   |   15 mins

Following the 5 November webinar, we've collated the answers from 12 of the questions asked during the session to the three experts who cover the London residential property market.

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.

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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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