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What's New In Investments, Funds? - Cazenove Capital, Cambridge & Counties

Editorial Staff

2 August 2018

Cazenove Capital
UK wealth manager  is to target wealth managers with its newly-launched classic car finance service.

The scheme offers hire purchase, collection funding and equity release schemes to enable clients to purchase or refinance classic and vintage cars.  

Loans of between £63,000 ($82,700), and £1.5 million are provided to high net worth clients with a minimum net annual income of £150,000, or £500,000 of net assets, excluding the value of their primary property.

The maximum loan to value is 90 per cent, and duration of loans is between one and seven years. However, each deal is tailored to a client’s individual circumstances and requirements.