New fixed rates from Investec Private Banking

Published on

Investec Private Banking has unveiled a range of two, four and 10-year fixed rates across its range of residential mortgages and has also cut its other residential mortgages rates by up to 20 basis points.

The fixed rate deals feature rates starting from 1.89% at 60% LTV and lifetime trackers start from Investec bank base rate (currently 0.25%) + 1.84%. Investec caters for borrowers with a minimum annual income of £300,000 and net assets of typically £3 million or more.

Peter Izard, business development manager at Investec Private Banking, said: “Borrowers have the choice of either traditional two, three, four and five-year fixes or a longer 10-year fix. We believe there is a growing appetite for longer-term fixes, especially here in the Capital, and we expect strong demand for this product.

“Our proposition is designed to appeal to high net worth borrowers, particularly those based in prime Central London and the South East.”

Latest POLL

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

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...

Atom bank breaks Near Prime record

Atom bank has reported another record-breaking month for Near Prime activity. Over the course of...

Berkeley Alexander appoints new BDM

General insurance provider Berkeley Alexander has announced the appointment of Grant Robinson as a...

Other news

Lenders must step up on high LTV products

Things are on the up for borrowers with a smaller deposit. The financial information...

Square 1 Media announces May Mortgage Market Debate

Square 1 Media is to hold its next Mortgage Market Debate on Wednesday, 21 May,...

Coventry BS maintains status as one of the best workplaces

Coventry Building Society has been named one of Great Place to Work's UK’s Best...