For high-net-worth individuals

Portfolio lending

Achieve your version of success with a portfolio loan, tailored to your needs.

Our Portfolio Loans are designed to offer a swift, flexible and cost-efficient way to borrow against your investments.

To take out a Portfolio Loan, your investment portfolio must be under the management of our partner Investec Wealth & Investment (UK), now a part of Rathbones Group.

Client eligibility

An existing Investec Wealth & Investment (UK) client
£300k minimum yearly earnings
£3m minimum net worth
UK resident

Not an Investec Wealth & Investment (UK) client? Become a client

Benefits

A simple and cost-efficient way to borrow

Raise funds without liquidating your portfolio

Selling portfolio assets in order to access the liquidity you need may result in tax liabilities.
You could take advantage of the freedom to access funds without selling your existing assets.

Convenient access to funds

You’ll receive a decision on your loan within days rather than weeks.
Funds can be drawn down in sterling, US dollars or euros.

Flexible repayment terms

You can choose when and how you repay your loan, with the option to repay interest from your investment portfolio’s income.
Investec Private Bank may legally demand repayment of the loan at any time, for example where the agreed loan to value maximum is exceeded.

Security accepted

Discretionary and advisory portfolios are accepted. We can accept offshore bonds from third-party bond providers where our wealth management partner, Investec Wealth & Investment (UK) now a part of Rathbones Group, to act as the discretionary asset manager.

Simple transfers

If your assets are managed elsewhere, your Private Banker will work closely with our partners Investec Wealth & Investment (UK) to help ensure a smooth transfer of your assets sources.

Fees and charges

There are no early repayment charges. Depending on your circumstances, the following may apply:

Arrangement fee
Legal fees
Costs associated with transferring your assets to our wealth management partners, Investec Wealth & Investment (UK)

Investec Wealth & Investment (UK) services

To take out a portfolio loan, your investment portfolio must be under the management of our partner, Investec Wealth & Investment (UK), now part of the Rathbones Group. Find out more about their Investment Services.

What you need to consider when applying for Portfolio Lending

Margin call and close out call

On-demand loans

Portfolio value fluctuations

Margin call and close out call

If the value of your portfolio falls below the limit agreed we may make a margin call or close out. A margin call requires you to return your loan to the approved borrowing levels by either:

Depositing additional funds into your portfolio; or
Making a partial repayment to reduce your loan amount.

A close out requires you to repay your loan in full.

On-demand loans

All of our portfolio loans are on demand loans - we can request the immediate repayment of your loan at any time, irrespective of the value of your portfolio.

Close out and on-demand requests for repayment of your loan can be settled by us selling the investments in your portfolio, even if the timing of the sale will not realise the best price for your investments - so you should be clear that the product is for you.

If your loan is secured against offshore bonds, we will notify your offshore bond provider of the margin call or close out, and the instruction to sell investments within the bond will be given by the bond provider to Investec Wealth & Investment.

Portfolio value fluctuations

The value of your portfolio may go up or down which can impact your loan terms. A reduction in the value of your portfolio can:

Affect how much you can withdraw from your portfolio; and
Affect your borrowing levels by triggering a margin call or a close out.

Have a question you need answered?

Joseph Owst

Private Banker

If you’d like to know more about our portfolio lending services, or are interested in taking out a loan from us, click 'get in touch' to request a call back from one of our experts.

Frequently asked questions

Your questions about Investec Private Bank Portfolio Lending answered.

Already have an Investment Portfolio managed by Investec Wealth & Investment (UK)?

Talk to your wealth manager who can help you complete an application.
If I have a portfolio and a loan with another lender can I move my loan and portfolio to Investec Wealth & Investment (UK)?

Yes. We can refinance your loan with the existing lender and help you transfer your portfolio over to Investec Wealth & Investment (UK). Your existing lender will need to provide us with a letter of undertaking (LOU) confirming that, following repayment of your loan, they will transfer all investments within your portfolio to Investec Wealth & Investment (UK). The Portfolio Lending team can provide a draft of the LOU upon request. Please note, this process may affect the time it may take to complete the application process.
I’m an existing client; do I need to complete the application form?

Yes. To apply for Portfolio Lending a completed application form is required. Occasionally additional information is required to complete the process (i.e. evidence of income) however we will ask your wealth manager for this first.
What are the different ways I can pay the interest on the loan?

Preferably through direct debit. However, you can also service interest payments from your investment account. We will remind you and your wealth manager prior to the interest due date in the case that you are not paying interest through direct debit.
Can my Investec Wealth & Investment (UK) investment manager continue to manage the portfolio in line with the existing investment policy?

Yes, as long as the management type and risk profile remain unchanged.
How does Investec monitor portfolio values?

The portfolio values are electronically monitored on a daily basis. You (or your wealth manager) do not need to provide us with any updates. Please note, if the loan is secured against an offshore bond, the offshore bond provider will need to give us approval to receive the daily value from Investec Wealth & Investment (UK).
Who will be contacted if the loan is in margin call and/or close out?

We will contact you and your wealth manager simultaneously. In the case of an offshore bond, the offshore bond provider will also be notified.