Investec launches fixed rate professional range

Investec, the private bank and wealth manager, has added a range of 3 and 5 year fixed rates to its mortgages for qualified professionals requiring large loans.

Related topics:  Mortgages
Rozi Jones
27th April 2015
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3-year fixed rates include a 2.39% to 60% LTV; 2.69% to 75% LTV; 3.19% to 85% LTV.

Its 5-year fixed range includes a 2.69% to 60% LTV; 2.89% to 75% LTV; 3.49% to 85% LTV.

All products are available for purchase, remortgage or capital raising with an arrangement fee of £1,500 payable on completion.

The Investec Professional Mortgage is for qualified professionals earning over £75,000 per annum wanting to borrow between £250,000 and £1million. Borrowers don’t need to bank with Investec or have assets under management to apply for a mortgage and the products are available via brokers throughout England and Wales.

Peter Izard, Business Development Manager at Investec Private Bank, said:

“We’re delighted to be able to further strengthen our mortgage proposition to qualified professionals, with the addition of these competitive 3 and 5 year fixed rates.

“We understand the needs of borrowers seeking larger loans and our experienced underwriters, who individually assess every application, are able to take into consideration the more complex financial circumstances of higher earning borrowers.”

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