Investec adds 3 and 5-year fixes to professional mortgage range

Investec has added a range of three- and five-year fixes to its professional mortgage range, with rates starting at 2.39 per cent.

The lender is offering the three-year fixes priced at 2.39 per cent to 60 per cent LTV, 2.69 per cent to 75 per cent LTV and 3.19 per cent to 85 per cent LTV.

It is also offering five-year fixed rates priced at 2.69 per cent to 60 per cent LTV, 2.89 per cent to 75 per cent LTV and 3.49 per cent to 85 per cent LTV.

All of the new products have a £1,500 fee payable on completion and are available for qualified professionals earning over £75,000 wanting to borrow between £250,000 and £1m. Borrowers do not need to bank with Investec.

Investec business development manager Peter Izard says: “We’re delighted to be able to further strengthen our mortgage proposition to qualified professionals, with the addition of these competitive three- and five-year fixed rates.

“We understand the needs of borrowers seeking larger loans and our experienced underwriters, who individually assess every application, are able to take into consideration the more complex financial circumstances of higher earning borrowers.”