Wealth management and banking group Investec is launching what it calls “a bespoke buy to let proposition” for UK expatriates living in Dubai or Switzerland. 

It says it’s designed to help high-net-worth expats build their UK property and Channel Islands portfolios while living abroad.

Investec says the minimum loan would be £1m, with existing properties in the UK and/or Channel Islands serving as collateral. 

A spokesperson states:  “Our approach is tailored to address the unique challenges faced by expats who are looking to purchase their first buy to let property or are seeking to expand their UK and Channel Islands property portfolio while out of the country. We offer a personalised private banking service, that aims to provide an out of the ordinary experience for our clients.”

A statement from the bank says: “Investec’s comprehensive range of mortgage products is designed to meet the diverse needs of high-net-worth clients. The bank’s flexible terms include both fixed and variable rates, as well as various repayment options to suit individual financial situations. This proposition is aimed primarily at high-net-worth UK nationals living overseas, although non-UK nationals living in Dubai and Switzerland who have a substantial UK footprint may also be considered.”