05 May 2017
Investec Private Banking has launched a range of 2, 3, 4 & 5-year fixed rates across its range of buy-to-let mortgages and has linked its tracker products to Investec bank base rate rather than 3 month libor.
The fixed rate deals feature rates starting from 2.69% at 50% LTV and are available up to 70% LTV. The buy-to-let base rate tracker product currently has rates starting from 2.25% over Investec bank base rate (0.25%) at 50% LTV with rates also available up to 70% LTV. Applicants can apply for a buy-to-let mortgage either as an individual or via a limited company structure. Investec caters for borrowers with a minimum annual income of £300,000 and net assets of typical £3 million or more.
Peter Izard, Business Development Manager at Investec Private Banking, said: “We’re delighted to be expanding our buy-to-let range by offering brokers and their clients a choice of competitive fixed rates or trackers linked to Investec bank base rate.
“Our proposition is designed to appeal to high net worth borrowers, particularly those looking to acquire rental property in the higher value Prime Central London and South East property markets.”
Further details can be found at www.investec.co.uk/intermediary or by phoning 0207 597 4050.