Investec offers mortgage for affluent

Investec is offering a highly personalised mortgage based on a client’s income and wealth rather than the value of the mortgaged property. Clients with annual earnings in excess of £150,000 can gain finance to buy property worth £500,000 up to tens of millions. Wayne Preston, from Investec, says: “High street and specialist lenders cover virtually every angle of the mortgage market, but their emphasis is increasingly less on the individual and more about a multitude of product parameters relating to the mortgaged property. We aim to redress this balance.” Investec mortgages can be secur...