Advice for
Large
Mortgage
Loans
We specialise in arranging large mortgage loans of over £1 million
When you’re borrowing a significant amount of money, you need someone who understands the large mortgage loans market on your side. And that’s where we come in. We have years of experience in arranging mortgages for those who need to borrow over £1 million. At this size, ensuring you get the most appropriate loan can make a real difference. With long-held relationships with all the major lenders, as well as private banks, we will ensure you get the right mortgage for you.
Our large mortgage loans advice process
Step 1: We listen
It’s important for us (and you) to take the time to get to know each other and to make sure we understand what you would like to achieve. It’s a cliche, but no two people are the same. And we want to make sure our advice and service is tailored to you.
Step 2: Our initial thoughts
After that, we’ll provide you with some details. Things like how much we think you can borrow and what kind of loan to value a lender will be prepared to offer you.
Step 3: We search the market
We’ll then move on to search the market for you. In addition to finding you the best rate, we’ll take into account other things like lender service levels and affordability calculations. As well as using our unique knowledge of the large mortgage loans market to ensure we place you with the most appropriate lender. It’s all part of having an expert on your side. We can even arrange an Agreement in Principal for you with a lender so you know exactly how much you can borrow.
Step 4: Completion
We finalise your mortgage and you can be confident that we’ve arranged the most suitable large mortgage for you.
Making it easy
Our mortgage advice process
Step 1: We listen
It’s important for us (and you) to take the time to get to know each other and to make sure we understand what you would like to achieve. It’s a cliche, but no two people are the same. And we want to make sure our advice and service is tailored to you.
Step 2: We provide our initial thoughts
After that, we’ll provide you with some details. Things like how much we think you can borrow and what kind of a mortgage deposit you’ll need to buy that dream home. We’ll also suggest the best type of mortgage for you, looking at fixed and variable rates.
Step 3: We search the market for you
We’ll then move on to search the market for you. In addition to finding you the best rate, we’ll take into account other things like lender service levels and affordability calculations. It’s all part of having an expert on your side. We can even arrange an Agreement in Principal for you with a lender so you know exactly how much you can borrow.
Step 4: Completion
We finalise your mortgage and you move in. Alas, we can’t guarantee the moving experience will be easy, but at least you are safe in the knowledge that you have the most appropriate finance for you.
Large Mortgage Loans
Case Study
Case Summary
Our applicants were Canadian Nationals who had been living in the UK for the last two years on a temporary work VISA. They had decided that they wanted to make the UK their full-time home and had made an offer on a property in Fulham. Applicant 1, worked as trader for a commodities business and his income consisted or a basic salary and bonuses, which could be two to three times higher. His total compensation had increased considerably in the second year of his employment, and we needed a lender that would just use his latest bonus when assessing affordability rather than taking the average, which would be standard. They also wanted to borrow part of the mortgage on an interest only basis, but with the facility to allow overpayments from his bonuses.
Our Solution
We were able to secure a mortgage at 75% of the purchase price, with 50% on an interest only basis and the remaining 25% on a capital repayment basis. There was a facility to allow overpayments of 10% of the outstanding balance each year, without being penalised. The bank was also comfortable with the fact that applicants had only been in the UK for two years and were on temporary VISAs.
The numbers
Mortgage Calculators
Our useful mortgage calculators can help you work out the key numbers without any hard questions.
