Investec Bank has made changes to its residential and buy-to-let (BTL) tracker range with rate reductions of up to 0.71%.
Rates on the 2-year tracker range now start at 0.84% over Investec Bank Base Rate (IBBR), currently 5.25%, at 65% loan-to-value (LTV) with a 2-year BTL tracker rate up to 70% LTV at 1.34% over IBBR.
Fixed rates now start at 5.99% for a 2-year deal, or 5.69% for a 5-year deal, at 65% LTV for residential cases, as well as 6.49% for 2-year deal, and 6.19% for 5-year fixed BTL mortgages.
Investec has no early repayment charges (ERCs) on its tracker range for owner-occupier Revolver and Self Build cases.
Mortgages are available on multi-part, fixed, tracker, interest only, capital repayment and differing terms.
Overpayments of up to 10% per annum are also permitted on all fixed rates.
Peter Izard, head of intermediary business development at Investec Bank, said: “We are delighted to refresh our entire range and reduce our pricing.
“We look forward to assisting our Intermediary partners and their clients in providing our wholly bespoke HNW mortgage offering.
“Our selective rate cuts in our Tracker rates offer our clients extensive choice and flexibility to meet their complex lending needs.
“Our Private Bankers offer a bespoke underwriting service, together with no requirements for assets under management, Investec remains a leading provider of finance to the high net worth market.”
