Investec Bank has announced the launch of a bespoke buy-to-let proposition specifically tailored for UK expats living in Dubai or Switzerland.
This new offering has been designed to help high-net-worth expats build their UK property and Channel Islands portfolios while living abroad.
Investec says there remains "significant growth potential" in both Dubai and Switzerland. Dubai is currently home to over 70,000 dollar millionaires, while Switzerland has over 420,000. This figure is expected to grow as more UK workers seek to relocate.
The proposition is aimed primarily at high-net-worth UK nationals living overseas, although non-UK nationals living in Dubai and Switzerland who have a substantial UK footprint may also be considered.
The new buy-to-let proposition will offer dedicated private bankers to help brokers deliver maximum value to their clients, with bespoke lending solutions on minimum loan sizes of £1m.
Peter Izard (pictured), head of intermediary business development at Investec Bank, commented: “We are pleased to launch our bespoke buy-to-let proposition for expatriates. Our approach is tailored to address the unique challenges faced by expats who are looking to purchase their first buy-to-let property or are seeking to expand their UK and Channel Islands property portfolio while out of the country. We offer a personalised private banking service, that aims to provide an out of the ordinary experience for our clients.”
