PRIMIS welcomes Investec as first private bank to join its lender panel

The lender specialises in residential and BTL mortgages for high-net-worth individuals

PRIMIS welcomes Investec as first private bank to join its lender panel

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 £3 million.

PRIMIS Mortgage Network offers a panel of mortgage lenders, as well as protection and general insurance providers. PRIMIS said it provides mortgage and protection advisers with extensive support, including training, events, business development, regulatory guidance, technology, and a broad product panel.

Vikki Jefferies, proposition director at PRIMIS, said they were pleased to welcome Investec to their panel.

“The move ensures our brokers continue to have access to the broadest range of products available, in order to best serve their clients’ needs,” Jefferies added. “Their bespoke products will add real value when it comes to the highly specialised high-net-worth sector.”

Peter Izard, head of intermediary business development at Investec, said their addition to the PRIMIS lender panel will open up new opportunities for advisers and their clients.

“We truly understand the idiosyncrasies of the high-net-worth client market,” Izard stressed. “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.”