Investec Bank has lowered fixed interest rates by up to 0.30% across its residential and buy-to-let (BTL) mortgage products for high-net-worth (HNW) clients.
Residential fixed rate deals at up to 60% loan-to-value (LTV) now start at 4.25% for a 2-year fixed rate and 4.35% for a 5-year fixed rate.
For BTL, the starting rates are 4.65% for a 2-year fixed rate and 4.75% for a 5-year fixed rate.
Peter Izard (pictured), head of intermediary business development at Investec Bank, said: “We are pleased to announce reductions to our fixed rate mortgage range, which follow recent cuts to our variable rate mortgage products and arrangement fees.
“We are constantly looking for ways to improve how we meet the needs of our brokers and clients.
“These improvements mean that we are now even more competitive across a wide range of products, with these reductions complementing our high levels of service, allowing us to deliver an out of the ordinary experience for both brokers and their clients.”
Tim Kemp at Panthera Finance said: “Investec’s recent reductions in both variable and fixed-rate products, as well as broker fees, position them as an excellent value option and firmly place them at the top of the list for high net worth clients.
“Their competitive offerings make it easier for brokers to provide their clients with tailored solutions that meet their financial needs.
“Moreover, Investec’s commitment to speed of service and excellence in client support sets them apart in the market.”
Kemp added: “Brokers can rely on their efficient processes and knowledgeable team to help them deliver the best possible outcomes for their clients.”
