Investec trims rates as high-net-worth borrowers regain confidence

Bank reduces rates across its residential and buy-to-let ranges, following a Budget that has helped restore certainty for high-net-worth clients weighing major property decisions.

Published on

Investec Bank has cut pricing on fixed and tracker products for both residential and buy-to-let borrowers, with the most significant reductions applied to its two-year fixed rates.

The lender said the clearer policy landscape after the recent Budget had eased much of the hesitation that had delayed large transactions in recent months.

The headline changes include a 20bps reduction to residential and buy-to-let two-year fixed rates, taking pricing to starting points of 4.25% for residential loans and 4.65% for buy-to-let. Three and four-year fixed rates have been reduced by 15bps to begin at 4.30%, while five-year fixes now start at 4.35% following a 5bps cut.

Five-year trackers have also been reduced by 5bps, with pricing from 0.75% + IBBR.

Investec said these adjustments would assist brokers working on behalf of clients with complex or large-scale borrowing requirements, for whom marginal changes in pricing can materially influence how a deal is structured.

The bank added that it continues to collaborate closely with intermediaries, offering tailored support and specialist underwriting to meet the needs of high-net-worth clients.

Peter Izard (pictured), head of intermediary business development at Investec Bank, said: “We are pleased to announce our latest rate reductions, introduced at a time when clarity is returning to the market and clients are increasingly ready to take advantage of improved conditions.

“These changes reflect our commitment to working closely with brokers, ensuring they have competitive pricing and the highest levels of support as their clients re-enter the market.

“Combined with our bespoke underwriting and speed of decision-making, these enhancements continue to deliver an out of the ordinary experience for both brokers and their clients.”

Investec continues to position itself as a lender for high-net-worth borrowers seeking bespoke arrangements, offering loans of up to £10 million on residential and buy-to-let properties.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

FCA confirms rule simplifications for insurers and signals wider reviews

The Financial Conduct Authority has finalised a series of reforms designed to simplify insurance...

Trust in private medical insurance rises as claims satisfaction hits new high

Trust in private medical insurance has rebounded after a temporary dip earlier this year,...

Precise widens access to high LTV lending with new build focus

Precise has announced a series of changes to its residential range as the specialist...

Shawbrook widens commercial trading offering with launch of large loan products

Shawbrook has broadened its commercial trading proposition with the introduction of a new large...

Pepper Advantage unveils PRISM mortgage and credit servicing platform

Pepper Advantage has formally launched PRISM, its new end-to-end credit management system that brings...

Latest publication

Other news

FCA confirms rule simplifications for insurers and signals wider reviews

The Financial Conduct Authority has finalised a series of reforms designed to simplify insurance...

Trust in private medical insurance rises as claims satisfaction hits new high

Trust in private medical insurance has rebounded after a temporary dip earlier this year,...

Precise widens access to high LTV lending with new build focus

Precise has announced a series of changes to its residential range as the specialist...