Investec first private bank to join Sesame panel

Members of the Sesame network now have access to Investec’s range of mortgages for high-net worth (HNW) individuals, following the addition of the private bank to its panel.

Investec’s HNW client base consists of those with an income of at least £300,000 and typical net asset value of £3m, with a particularly strong focus on financial professionals, entrepreneurs, international and professional clients whose income can often be complex, including foreign currency.

Investec takes a holistic view of their clients’ entire financial estate in order to support their clients achieve “their version of success”. The private bank takes their income, financial assets, reputation and track record are all taken into account.

Commenting on the partnership, Investec Private Bank business development manager Peter Izard said: “We have worked closely with the team at Sesame to put this agreement in place and I am delighted they have grasped this opportunity to provide their members with access to Investec Private Bank.

“The number of high net worth individuals in the UK is growing, and we recognise that these clients have unique and often complex circumstances that require a specialist and bespoke approach. The addition of Investec Private Bank to the Sesame panel means that appointed representatives of the network now have access to an entirely new option and this opens up new opportunities for brokers, their clients, and for Sesame.”

Sesame and PMS director of mortgages Jane Benjamin added: “Private bank lending offers something entirely different to the traditional approach of high street lenders and the inclusion of Investec Private Bank to our panel is a very positive addition for our brokers, many of whom have high net worth clients and will value a lender that can take a completely bespoke approach.”

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