Investec cuts mortgage rates by up to 0.50%

Investec Private Bank has reduced fixed and tracker mortgage rates between 80%-85% LTV by up to 0.50%.

Related topics:  Mortgages
Rozi Jones
22nd November 2018
Peter Izard
"We are pleased to announce this reduction in both variable and fixed rates and hope it will enable our clients to have greater choice and flexibility."

Variable rates are now available at 1.84% at 80% LTV and 2.24% at 85% LTV.

At 85% LTV, two-year fixed rates now start from 2.69%, rising to 2.79% for a three-year fix, 2.84% fixed for four years and 2.89% fixed for five years.

Peter Izard, business development manager at Investec Private Bank, commented: “A primary focus for us as a lender is to continue to adapt and change with the market, helping brokers work with their clients to achieve their goals and ambitions. We believe that by updating our mortgage offering, we are one step closer to doing so.

“At Investec Private Bank we are aware that our high net worth clients have unique requirements and often have more complex lending needs than typical borrowers, we therefore pride ourselves on designing individual mortgages on a case by case basis. We are pleased to announce this reduction in both variable and fixed rates and hope it will enable our clients to have greater choice and flexibility.”

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