PRIMIS Mortgage Network has announced that Investec will become 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 over £3m.
PRIMIS is a mortgage and protection network offering a comprehensive panel of mortgage lenders, as well as protection and general insurance providers.
The network supports mortgage and protection advisers with training, events, business development, regulatory guidance, technology, and a product panel.
“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,” said PRIMIS proposition director, Vikki Jefferies. “Their bespoke products will add real value when it comes to the highly specialised high-net-worth sector.”
Investec head of intermediary business development, Peter Izard, 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.”
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