Compare Mortgage Rates from Investec Against the Market starting at 3.47%

About Investec

Investec focuses on clients who have "complex" income streams - such as City professionals, entrepreneurs, and partners in law or accountancy firms.

While a high-street bank might reject a barrister because their income fluctuates, or a private equity partner because their wealth is tied up in "carried interest," Investec specializes in understanding these structures. They do not use standard credit scorecards; instead, every application is assessed by a dedicated Private Banker who looks at your global wealth and future earning potential.

Mortgage & Property Finance Products

Investec’s lending is designed for the top end of the market.

• Eligibility: typically, you need an annual income of at least £300,000 and a net worth of £3 million+, although they may be flexible for high-potential professionals (e.g., doctors, lawyers) on a fast career track.

• Minimum Loan Size: Their mortgages usually start from £1 million (often referred to as "Million Plus" mortgages).

Product Range:

• Residential Mortgages:

  • Complex Income: They accept bonuses, profit shares, foreign currency income, and family trust distributions as part of affordability.

  • High LTV: For the right professional client, they can offer up to 90-95% Loan-to-Value (LTV), which is rare for multi-million pound loans.

• Revolving Mortgages:

  • A flexible facility secured against your home that acts like a giant overdraft. You can draw down funds when you need them (e.g., for an investment opportunity or tax bill) and pay them back when you have liquidity (e.g., after a bonus).

• Buy-to-Let (BTL):

  • For professional investors and portfolio landlords. They can look at "top slicing" (using your personal income to top up the rental income shortfall).

• Self-Build:

  • Bespoke funding for HNWIs building their own "grand design" homes.

• Foreign Exchange Mortgages:

  • If you earn in Dollars or Euros but are buying in the UK, they can lend to you without needing to convert your income, reducing exchange rate risk.

Pros and Cons of Investec

Here is a balanced overview for those who qualify.

Pros:

• Holistic Underwriting: They look at your whole financial life, not just your P60. If you are a partner in a firm and your "salary" is small but your profit share is huge, they understand this perfectly.

• Access to Liquidity: Their revolving mortgage options are excellent for wealthy clients who are "asset rich but cash poor" at certain times of the year.

• Speed: Because decisions are made by humans (often locally), they can move very fast to secure a property purchase.

• Foreign Currency: One of the best banks for international clients or expats paid in foreign currencies.

Cons:

• High Entry Barrier: The minimum income (£300k) and loan size (£1m) rule out the vast majority of borrowers.

• Variable Rates: While they do offer fixed rates, many of their private banking facilities are tracker rates (linked to the Base Rate), which offers less certainty than a standard 5-year fix.

• Banking Relationship: They often require you to move your day-to-day banking to them as part of the mortgage deal.

Customer Service and Reviews

As a private bank, Investec does not rely on mass-market review sites like Trustpilot. However, in the professional world, they are highly regarded.

• Industry Awards: They frequently win awards such as "Best Private Bank for Mortgages" or "Best Lender for High Net Worth."

• Service Style: Clients value the "one phone call" service—you call your banker directly, not a generic call centre.

How to Apply

You cannot apply online via a simple form. Access is strictly through:

1. Direct Private Banking: You can enquire directly via their website to see if you meet their Private Banking criteria. If eligible, you will be assigned a banker.

2. Specialist Brokers: Investec relies heavily on "Large Loan" mortgage brokers. A broker can often negotiate specific terms or gain access for clients who might slightly miss the standard income criteria but have strong assets.

Get started here to book a free, no-obligation chat with a specialist large loan broker who can help you access Investec’s products, compare them against the market for you and help you choose the best option.