Investec reduces its BTL tracker mortgage range rates by up to 25bps

Investec Bank has announced rate reductions across its BTL tracker mortgage range of up to 25bps.

Section: Consumer

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.”

 

Keywords: LTV, rate reductions, short term financing, mortgage lenders, buy to let mortgage, Investec, Peter Izard, tracker rate

Source: BTL Insider — https://btlinsider.co.uk/investec-reduces-its-btl-tracker-mortgage-range-rates-by-up-to-25bps