Investec provides custom-built mortgages of £1m or more which enables them to develop mortgages that are designed around the individual circumstances of the client, which includes scheduling repayments and to a timescale that suits them.
Legal & General Network head of mortgage products Martyn Smith said this partnership allows them to widen their proposition to offer greater flexibility and choice for their members who require lending at the upper end of the market or who have more complex requirements.
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By GlobalDataJack Jones of Investec Specialist Private Bank said teaming up with Legal & General Network is an exciting development for them. The super-prime residential market is performing well at the moment and with their flexibility and focus on the client as opposed to the property, providing mortgages to this market is a huge opportunity for them.