Client stories

We recently helped a fund manager client who was looking to raise capital to acquire an investment property to add to their already successful buy-to-let (BTL) property portfolio. The client had a mixture of liquid and non-liquid assets, including deferred bonuses, pensions, stocks and a property portfolio held within a Special Purpose Vehicle (SPV). By considering the combined rental income of the BTL portfolio and taking an existing asset in London as security, we were able to provide a solution that enabled the client to complete the purchase. We offered the client an interest-only facility, with repayment on the sale of investment properties by the end of the mortgage term.  - Dan Swift, Private Banker

For many of our clients, family is extremely important. With property values now out of reach of many first-time buyers, our clients sometimes find themselves acting as “bank of mum and dad”. One such client was keen to help her son to move quickly to secure his dream home before another buyer. The client had over £1.5m in her Investec Wealth & Investment (UK) discretionary portfolio but withdrawing the monies from there could have triggered a tax liability as well as missing out on any potential benefit of remaining invested. Investec Private Bank therefore provided a loan of c.£500,000 secured against her portfolio, approved within two days of receiving their application. - Stuart Wardhaugh, Private Banker

Despite having no UK based income, we recently enabled the CEO of a large international real estate brokerage to complete their first UK property investment. The client had the opportunity to make a strategic off the plan purchase of five residential properties in West London and required buy-to-let funding in order to secure the deal. By assessing the anticipated rental income of the properties, as well as the client’s unencumbered offshore assets, we were able to provide a lending facility, secured by the properties, a personal guarantee from the client and an additional deposit of 12 months’ interest. - Louise North, Private Banker

Our client, a C-Suite executive at a tech platform, had held Voyage and some deposit accounts with Investec for a number of years. The client's banker, Luke, knew their long-term goal was to step away from the business, at which time they would receive a lump sum payment. Having anticipated this, and knowing the payment would be received in USD, Luke had already worked on a currency hedging strategy with our FX dealers, and introduced the team at our partners Investec Wealth & Investment (UK) to provide guidance on how best to invest the funds when they were received. - Luke Stower, Private Banker.

We previously provided a client, a business owner, with a loan facility secured against their Investec Wealth & Investment (UK) Portfolio. Due to adverse market conditions, the client decided to liquidate their portfolio so all assets are now held in cash in USD. Elaini introduced the client to our FX desk, and opened a currency access account so that the client can earn interest on their balance until they are ready to utilise the funds. - Elaini Pedley, Private Banker