"We’re delighted to take this opportunity to make our mortgage offering even more competitive for borrowers seeking larger loans."
New rates at 60% LTV include a three-year fix at 2.14% and a five-year fix reduced by 60bps to 2.39%.
75% LTV mortgages now start at 2.49%, while 85% LTVs are available from 2.89%.
Investec's variable rate has been reduced to 3.74%, with Investec Bank Base Rate also down to 0.25%.
New lifetime tracker and fixed rates have also been added to the range at 70% and 80% LTV bands, with trackers from 2.24% and three-year fixes from 2.39%.
Investec Private Bank provides mortgages designed specifically for borrowers requiring between £250,000 and £10m, who have a minimum annual income of £300,000 and net assets of £3m or more. Residential and buy-to-let loans are available for borrowers who are paid in a foreign currency and are also available on a part repayment and part interest-only basis.
Peter Izard, Business Development Manager at Investec Private Banking, said: “We’re delighted to take this opportunity to make our mortgage offering even more competitive for borrowers seeking larger loans. All mortgages are individually underwritten and borrowers don’t need to have existing assets under management with Investec Private Bank.”
