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Specialist lender cuts rates

by Staff Reporter7 minute read
The Adviser

Investec Australia has reduced the interest rates on its tailored home loan offering for independent financial advisers.

Advisers will now be able to access home loan packages with rates as low as 4.54 per cent for two-year fixed rates and 4.79 per cent for variable rate loans.

The new offer followed Investec’s announcement last year that it would offer bespoke personal banking solutions, including LMI-free mortgage options and commercial property lending for SMSFs.

Adviser services head Gareth Bird said the rates reduction reflected the bank’s commitment to provide advisers with flexible and responsive offerings designed exclusively for this market.

“Our position as a specialist lender allows us to partner with advisers in a way that very few others in the market are able to,” he said.

“We’re pleased to be able to add preferential home loan rates to that offering, and extend even further the range of tailored products we provide to professional IFAs.”

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