Investec mortgages to target wealthy

Investec Private Bank has launched a personalised mortgage service for high net worth individuals, based on the income and wealth of the client rather than value of the property. Aimed at the top end of the market, the mortgages are available exclusively to individuals with sustainable earnings in excess of £150,000 a year who are looking to borrow a minimum of £500,000.  Mortgages can be secured against a variety of assets including property, investment holdings and offshore deposits, and are available in a number of currencies, or with switchable currency facilities. The offering is not...