Investec case study: High LTV mortgage for legal Partner’s first home
2 min read
A broker recently introduced us to a client who was looking to purchase a £2m buy-to-let property in South West London. The client was a Private Banker with a complex income structure.
The client needed to purchase the buy-to-let as part of a Special Purpose Vehicle (SPV), which requires specialist knowledge of tax and legal restrictions. Along with a complex income structure made up of salary, bonus and stock, the client had assets in both sterling and foreign currency denominations.
As specialists in bespoke high-net-worth Private Banking solutions, we were able to offer the client a 70% LTV mortgage and a personalised SPV structure to suit the client. The property was purchased on a five-year term with a five-year fixed interest rate.
Disclaimer: Your property may be repossessed if you do not keep up repayments on your mortgage. Investec residential mortgages are only available for residential properties in England or Wales and are primarily available to UK residents and subject to eligibility.
2 min read