Investec unveils fixed range
Investec Private Banking has launched a fresh selection of fixed rate products and lowered rates by up to 0.2%.
To 60% loan-to-value products stand at 1.89% for a 2-year fix, 2.09% for a 4-year fix and 2.79% for a 10-year fix.
Up to 85% LTV 2-year fixes cost 2.69%, 4-year fixes 2.99% and 10-year fixes 3.49%.
Products come with a minimum 1% arrangement fee.
Peter Izard (pictured), business development manager at Investec Private Banking, said: “Borrowers have the choice of either traditional 2 3 4 & 5 year fixes or a longer 10 year fix.
“We believe there is a growing appetite for longer-term fixes, especially here in the capital, and we expect strong demand for this product.
“Our proposition is designed to appeal to high net worth borrowers, particularly those based in Prime Central London and the South East.”