Investec Bank has launched a new buy-to-let mortgage proposition tailored specifically for high-net-worth UK expatriates based in Dubai and Switzerland, in a bid to capitalise on growing demand from globally mobile professionals with property ambitions back home.
The initiative will allow expats to secure financing for residential investment properties in the UK and the Channel Islands, with minimum loan sizes starting at £1m. The offer is open to UK nationals living abroad as well as select non-UK nationals with a significant UK footprint.
According to the bank, both Dubai and Switzerland present significant opportunities, citing the large and growing population of wealthy residents in each jurisdiction. Dubai is currently home to more than 70,000 dollar millionaires, while Switzerland has over 420,000. These figures are expected to increase as more UK professionals relocate to these destinations.
Peter Izard (pictured), head of intermediary business development at Investec Bank, said: “We are pleased to launch our bespoke buy-to-let proposition for expatriates. Our approach is tailored to address the unique challenges faced by expats who are looking to purchase their first buy-to-let property or are seeking to expand their UK and Channel Islands property portfolio while out of the country. We offer a personalised private banking service, that aims to provide an out of the ordinary experience for our clients.”
The proposition will be distributed via Investec’s established network of mortgage brokers, and will also be available directly through its offices in London and the Channel Islands. Dedicated private bankers will work with brokers to ensure clients receive tailored lending solutions and expert advice.
The bank said the new product reflects its commitment to serving high-net-worth clients with complex financial profiles. Flexible terms include fixed and variable rate options, alongside a range of repayment structures designed to accommodate individual investment strategies.
While the offering is geared primarily toward UK nationals, the lender indicated that non-UK individuals residing in Dubai or Switzerland could also be considered, provided they maintain strong ties to the UK.
