Sesame network members now have access to a solution for their wealthy clients with complex situations, following the addition of Investec Private Bank to its panel.
Investec Private Bank specialises in mortgages for high net worth individuals, defined as those with an income of £300,000 and typical net asset value of £3m, with a particularly strong focus on financial professionals, entrepreneurs, international and professional clients whose income can often be complex, including foreign currency.
Peter Izard (pictured), business development manager at Investec Private Bank, said: “We have worked closely with the team at Sesame to put this agreement in place and I am delighted they have grasped this opportunity to provide their members with access to Investec Private Bank.
“The number of high net worth individuals in the UK is growing, and we recognise that these clients have unique and often complex circumstances that require a specialist and bespoke approach. The addition of Investec Private Bank to the Sesame panel means that appointed representatives of the network now have access to an entirely new option and this opens up new opportunities for brokers, their clients, and for Sesame.”
Jane Benjamin, director of mortgages at Sesame and PMS, added: “Private bank lending offers something entirely different to the traditional approach of high street lenders and the inclusion of Investec Private Bank to our panel is a very positive addition for our brokers, many of whom have high net worth clients and will value a lender that can take a completely bespoke approach.”