Attorney discount on bond registration fees
Terms and conditions
1. The promoter
Nedbank Limited, registration number 1951/000009/06 (we, us, our), runs this promotion.
2. Promotion period
The promotion starts on 1 October 2022 and will run indefinitely.
3. The promotion
3.1 If you apply and are approved for a new home loan from Nedbank, you may receive a discount of up to 50% on your attorney bond registration fee (discount), subject to these terms and conditions.
3.2 The discount applies only to the fee that the bond registration attorneys charge to register your bond at the Deeds Office.
4. How to qualify for the discount
4.1 To qualify for the discount, you must apply and be approved for a new home loan from Nedbank.
4.2 You must apply via any of the following channels:
4.2.1 The Nedbank website at nedbank.co.za.
4.2.2 The Nedbank Money app.
4.2.3 The Nedbank Contact Centre (0800 555 111).
4.2.4 A Nedbank home loans sales consultant.
4.2.5 A Nedbank branch.
4.2.6 A mortgage origination channel.
4.3 You will not qualify for the discount if you:
4.3.1 apply for a further loan or an endorsement; or
4.3.2 want to buy property directly from a developer.
4.4 The following people do not qualify for the discount:
4.4.1 Nedbank Commercial Banking clients.
4.4.2 Juristic persons, including companies, close corporations, partnerships and legal entities.
5. Exclusions
5.1 The following fees are excluded from the discount:
5.1.1 Deeds office fees.
5.1.2 Transfer duty (South African Revenue Service).
5.1.3 Postage, stamp duty and other delivery fees.
6. General
6.1 We reserve the right to update these terms and conditions at our discretion or to cancel this promotion at any time for any reason.
6.2 If you do not proceed with the registration of your bond, you will not be eligible for the discount and will be liable for any costs that we and the bond registration attorney have incurred.
6.3 You will remain liable for fees payable in terms of legislation, for example property transfer fees.
6.4 We will not give the discount to anyone else and will not exchange the discount for cash.
7. More information
For more information about the promotion, contact us at hlsales@nedbank.co.za or on 0800 555 111.