Investec Private Banking launches BTL fixed rates
Investec Private Banking has launched a range of two, three, four and 5-year fixed rates across its range of buy-to-let mortgages and has linked its tracker products to Investec bank base rate.
The fixed rate deals start from 2.69% at 50% loan-to-value (LTV) and are available up to 70% LTV.
The buy-to-let base rate tracker product has rates starting from 2.25% over the Investec bank base rate which is currently at 0.25% at 50% LTV with rates also available up to 70% LTV.
Investec caters for borrowers with a minimum annual income of £300,000 and net assts of typical £3m or more.
Peter Izard (pictured), business development manager at Investec Private Banking, said: “We’re delighted to be expanding our buy-to-let range.
“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.”
Applicants can apply for a buy-to-let mortgage either as an individual or via a limited company structure.