Brokers’ top priority remains the ability to assess affordability using a broad range of assets rather than salaried income alone.

The updates follow the recent Budget, which Investec says has delivered the policy certainty many high-net-worth borrowers were waiting for.

HNW clients may be able to borrow between 10% and 30% more.

The offering is available through mortgage brokers and is designed to help UK expats purchase buy-to-let properties.

Arrangement fees have also been reduced and capped for owner-occupiers.

Investec Bank has today announced cuts to its high net worth mortgage tracker rates for both residential and buy-to-let products.

Arrangement fees are now capped at £50,000 for owner-occupiers.

Despite being positive for business growth this year, concerns remain on macro-economic volatility and the challenge of securing repeat business.

The new range sits alongside Investec's 70% LTV offering.

She succeeds Marshall Bailey, who is stepping down after two terms as FSCS chair.