Home Diaries SPRING 2015 CONTENTS
KEITH S VIEW As the temperature starts to get warmer and buds begin to appear, there is an atmosphere of new beginnings that fills the air, which means there is no better time to turn over a new leaf or to make a fresh start than now. Perhaps this is the season you will find a new home or do those renovations you have been meaning to do for years whatever they may be. We look forward to helping you Make Things Happen this spring! In the Spotlight highlights our innovative Instant Bond Indicator, which can work out the home loan amount you could qualify for in less than three minutes. Find out what our clients are saying about this handy new tool. In Home Loan Insider we talk about housing subsidies, paying your instalments by debit order, putting your extra money to good use and cleaning up your finances with our free personal financial management tool, MyFinancialLife. We place great importance in meeting your needs and really value your support in helping us to serve you more effectively. Nedbank was recently recognised as Best Retail Bank in South Africa and Best Mortgage and Home Loans Product in Africa for 2015. Read all about it under Thanking Our Clients. Enjoy the warmer days and the freshness of spring. All the best from the Home Loans Team. Keith Hutchinson Managing Executive Retail Secured Lending Nedbank Home Loans
IN THE SPOTLIGHT Introducing our innovative tool: Instant Bond Indicator Our commitment to providing our clients with an easy-to-use, home loan application process continues with the introduction of our latest online innovation called Instant Bond Indicator. The tool will give you an immediate indication of the home loan amount you could qualify for before you start completing the full online application and providing the required supporting documents. Information generated will include the loan amount you could qualify for, the deposit required (if applicable), the expected instalments based on the loan amount, as well as estimated additional costs associated with the loan, such as transfer duties and attorney s fees. Whether you are browsing through the property pages or driving around on a Sunday afternoon looking at show houses, all you need to do is use your internet-enabled device to answer a few quick questions when you have found a property that catches your eye. The results provided by the Instant Bond Indicator will include the amount Nedbank is willing to finance you for. If this amount covers the value of the property you are looking at, you will be able to sign an offer to purchase and continue with the easy online application process. We put the power at your fingertips to find out what you can afford right there and then.
IN THE SPOTLIGHT Our clients have already been enjoying this new innovation: It was very convenient, I did it on my bed and I got the answer immediately. Very good and useful. Excellent, helpful and quick. I do not have time to go to the bank to find out what I qualify for. Not complicated. Just shopping at the moment, when I do buy I will definitely come to Nedbank. The tool was awesome and user friendly. My experience with the tool was that it is easy to fill in and quick, the tool is useful. Amazing tool! The tool was good as I wanted to check what I qualified for. I found out about it on a property website and the radio. Why not take out your internet-enabled device (cellphone, tablet, laptop or desktop computer) and test-drive the tool? Go to nedbank.co.za/homeloans and click on the Instant Bond Indicator button. MAKE INSTANT BOND INDICATOR HAPPEN in 3 minutes flat! Terms & Conditions apply
HOME LOAN INSIDER Avoid falling short Are you receiving a housing subsidy? Make sure that your subsidy fully covers your monthly home loan instalment, as short payments impact negatively on your credit record. If there is a shortfall, we can load an additional debit order to cover the difference. Call us on 0860 553 573 so we can help you. Best way to pay Paying your monthly home loan instalment in cash or by EFT will cost you more than if you pay by debit order. A debit order is the most secure and efficient way to pay your instalment. The amount is automatically debited on the same day every month, which means you don t need to remember to make the payment. Call us on 0860 553 573 and we will help you load a debit order on your account.
HOME LOAN INSIDER Pay more when you can A little extra goes a long way when you pay more than your normal monthly instalment. The additional funds not only reduce your future instalments, but also decrease the overall amount of interest paid on the loan. The money you pay over and above your normal monthly instalment will be accessible should you need it, so it is an effective way to save for a rainy day. Start afresh Spring-clean your finances by taking care of any arrears on your home loan account. We understand that times are tough and we can help you with a payment plan if you need it. Call us on 0860 553 573 or email hlcollections@nedbank.co.za to discuss the available options.
HOME LOAN INSIDER Wipe away the winter blues and spring-clean your finances with MyFinancialLife Spring is not only a great time to spruce up your home and organize your closets, but it s also an ideal time to clean up your finances. It takes small but significant steps to become more financially savvy. Nedbank understands this need, which is why we offer all Nedbank and non-nedbank clients a free personal financial management tool called MyFinancialLife. Track. Monitor. Manage. Budget. Let MyFinancialLife do it all for you! Your financial wellbeing starts here: MyFinancialLife.co.za
THANKING OUR CLIENTS On 27 May 2015, Nedbank was awarded the dual accolades of Best Retail Bank in South Africa and Best Mortgage and Home Loans Product in Africa for 2015 at The Asian Banker s 2nd Annual Middle East and Africa Awards Ceremony in Dubai. Philip Wessels, Group Managing Executive of Retail and Business Banking at Nedbank, said, We are delighted with this recognition as it affirms the bank s progress to turn around and reposition the business, transforming it into a client-centred, aspirational bank for all while upholding risk management practices. We are very proud of this achievement and would like to thank our clients for their support in making this happen. Without your feedback about our products and services, we would not be in a position to improve our offering and to innovate as we have been able to do thus far. We appreciate your contribution and commit to continue providing banking solutions that meet your needs.
TALK TO US Call us on 0860 555 111, visit any Nedbank branch or go to nedbank.co.za/homeloans. For Personal Relationship Banking call 0860 555 222. Nedbank Limited Reg No 1951/000009/06. Authorised financial services and registered credit provider (NCRCP16).