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Investec in bid to raise intermediary mortgage profile

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  • 21/04/2015
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Investec in bid to raise intermediary mortgage profile
Investec, the private bank and wealth manager, has launched a campaign targeting intermediaries to raise awareness of its large loan high-net-worth and professional mortgage service.

The educational campaign seeks to draw interest on its Professional Mortgage designed for qualified professionals earning over £75,000 each year borrowing up to £1m.

It also wants to promote the Investec Million Plus mortgage targeting borrowers with a minimum income of £300,000 and net assets in excess of £3m.

To apply for an Investec mortgage, the bank doesn’t oblige applicants to bank with Investec or have assets under management.

Ex-Intelligent Finance and GMAC RFC mortgage specialist Peter Izard, who was recruited earlier this year to spearhead Investec’s push into the large loans market, said: “Investec has ambitious plans for the intermediary mortgage market and it’s great to get our marketing campaign underway.

“Brokers are well aware that when it comes to dealing with the needs of both professional and wealthy borrowers with complex financial circumstances, it can be frustrating trying to deal with traditional high street lenders.”

He added the Investec service includes tailored deals, including manual underwriting and a dedicated private bank contact for each application.

 

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