Nedbank

Nedbank’s purpose is to use its financial proficiency to help families, people, society, and businesses progress.

Their plan is to continue being highly regarded and considered the greatest financial services provider in Africa by their consumers, employees, shareholders, and communities.

Nedbank’s vision statement

Nedbank aims to leave a lasting legacy through its enterprise in South Africa while extending its services to other countries in Africa.

They intend to strategically focus on key concepts that offer better awareness of their advancement and perspective

Nedbank is well-received by its stakeholders, and they’ve achieved this by investing in its employees. They believe that their employees are the link to retention and attraction of clients, who also bring in profits for shareholders.

As a green bank, they’re influential and champion all matters that affect communities, such as the Nedbank Green Affinity which allows clients to contribute and save the environment.

Nedbank’s values

• Respect - Nedbank understands the significance of every person and treats all its consumers with respect.
• Integrity - They’re sincere, consistent, and ethical in all business deeds.
• Accountability - They’re accountable for every action and decision.
• People-focused - Their biggest investment is in their people, and they’ve designed an atmosphere that transforms and gives them the authority to triumph.
• Client-driven - bringing into existence quality and amazing experiences for their clients that surpass their expectations.

Nedbank’s market

Nedbank’s main market is South Africa; however, they’re experiencing exceptional growth in the outskirts of Africa. They’re currently operating in five countries outside of South Africa. They also have a strong presence and a plethora of prestigious clients in London, the Isle of Man and Guernsey.

Are you currently thinking of buying a home? If yes, then Nedbank can lend a hand and walk you through this next big chapter of your life.

There are a few things you need to consider when you’re contemplating or searching for the best property and when making the deal official.

Components that are essential:

• Nedbank offers competitive home loans. They’ll finance your property value up to 100%, even if it goes up to 105% as a first-time property buyer. You'll be awarded a 50% special discount on all your lawyer fees, meaning you must pay only 50% towards your bond registration fee.
• When you apply online, on the money app or through their call centre you’re guaranteed R20,000 cash back on the value of your home loan.
• If you bank with Nedbank, you’ll be offered special interest rates, if you don’t bank with Nedbank, you'll have the option of switching to access this rate.
• It doesn’t matter whether you’re a first-time home buyer or thinking about investing in property. There are some essential things you need to be aware of before making that decision.

Are you thinking of buying a property?

Purchasing property shouldn’t be based solely on when you have the means to buy it. Keep in mind the following:

1. Know more about your credit score and how it can influence whether you get a loan.
2. Do some investigation on a repo rate and check to see how much it affects your purchase.
3. Manage your current debt.
4. Joint buying.
5. The cost of a property you can afford.

When is the best time to invest or purchase a property?

• There are many things to take into consideration when you’re contemplating buying or purchasing a property.
• Check to see the current prime rate and remember to ask your lender what their starting rates are.
• Is it a seller's or buyers' market? Can you negotiate the price?
• Are you buying in peak season?
• Is it possible for you to get assistance from cleaners, painters, and movers?
• How long can you stay where you currently live?