Investec Bank has announced rate reductions across its BTL tracker mortgage range of up to 25bps.
The bank has also added a two-year tracker rate across the range to complement its current lifetime tracker products — with rates starting at 0.99% over the current Investec Bank Base Rate (IBBR) of 4.50%, at 65% LTV with a two-year BTL tracker rate up to 70% LTV at 1.49% over IBBR.
Peter Izard, business development manager at Investec (pictured above), said: “By simplifying and strengthening our mortgage proposition we have positioned Investec as a lender [suited to] high-net-worth borrowers.
“Our selective rate cuts in our tracker rates offer our clients extensive choice and flexibility to meet their complex lending needs.”
