Investec reduces professional mortgage rates

Investec Private Banking has reduced its three and five-year fixed rates by up to 0.3% on its range of residential Investec Professional Mortgages.

Related topics:  Mortgages
Rozi Jones
26th October 2015
calculator rates mortgage house

New three-year fixes include a 60% LTV at 2.49%, 75% LTV at 2.79% and 85% at 3.19%.

Five year fixes start from 2.79% up to 60% LTV, 2.99% at 75% LTV and 3.49% at 85% LTV.

The Investec Professional Mortgages range is designed for qualified professionals earning over £75,000 per annum wanting to borrow between £250,000 and £1million. Loans are available up to 85% LTV for purchase, remortgage or capital raising and every application is individually assessed by a private banker.

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

“I’m sure these new lower fixed rates will be welcomed by both brokers and their professional clients. With 3-year fixes now starting at just 2.49% we’re anticipating a lot of interest.”

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