Investec Private Bank has cut rates within the 80%-85% LTV bracket for both fixed and tracker owner-occupier mortgages by up to 0.50 percentage points.

The rate cuts include variable three, four and five-year fixed rates within the 80%-85% LTV bracket for owner-occupier mortgages.

Rates have been cut by between 0.10 and 0.50 percentage points.  

Peter Izard (pictured), business development manager at Investec Private Bank, said: “A primary focus for us as a lender is to continue to adapt and change with the market, helping brokers work with their clients to achieve their goals and ambitions. We believe that by updating our mortgage offering, we are one step closer to doing so.

“At Investec Private Bank we are aware that our high net worth clients have unique requirements and often have more complex lending needs than typical borrowers, we therefore pride ourselves on designing individual mortgages on a case by case basis.

“We are pleased to announce this reduction in both variable and fixed rates and hope it will enable our clients to have greater choice and flexibility.”