The lender, which launched its professional mortgages brand in February, has cut rates on its residential range by up to 30bps and selected buy-to-let products by 40bps. It has also reduced the completion fee on its buy-to-let mortgages by 1% to 1.5%.
Investec specialises in mortgages for qualified professionals and larger loans and has also introduced two five-year deals. A 65% LTV product is available at 3.69% while the 75% LTV equivalent is on offer at 3.79%.
Investec Specialist Bank’s Alex Hammond said: “We have already seen that mortgage intermediaries want to speak to key decision makers when it comes to their high income clients, and we know there is demand for a lender that is able to consider all elements of a borrower’s variable income, so we are excited about making our mortgages even more attractive by cutting rates right across the range.”
