Primis Mortgage Network has revealed that Investec will be the first private bank to lend on its panel.
Investec specialises in residential and buy-to-let mortgages for high-net-worth individuals based in England and Wales, with an income in excess of £300,000 and a net asset value of £3m+.
Investec has a client-led approach, underwriting on a bespoke basis, and can lend with a high LTV (Loan to value).
Vikki Jefferies, proposition director at Primis, said: “We’re pleased to welcome Investec to our panel, in a move which ensures our brokers continue to have access to the broadest range of products available, in order to best serve their clients’ needs.
“Their bespoke products will add real value when it comes to the highly specialised high-net-worth sector.”
Peter Izard (pictured), head of intermediary business development at Investec, added: “We truly understand the idiosyncrasies of the high-net-worth client market. Our dedicated team focusing on the intermediary market, of both business development managers and private bankers, means we are well placed to understand the sector’s complexities.
“Our addition to the panel will open up new opportunities for advisers and their clients and we are pleased to provide this support.”