Mortgages – Standard and Specialist
Large Mortgages (£1m+) for high net worth individuals
When your borrowing requirements exceed £1m, many retail banks are unable to assist with a mortgage of this size.
To secure the best £1m+ mortgage on a residential or buy to let basis you need to assess the entire market to make sure you are achieving the best possible terms. We have exceptional relationships within private banking to enable us to provide market leading terms for large mortgage loans.
There are a number of ways of structuring the loan.
Our team at RH Private Finance will be able to assess the market and work closely with lenders on your behalf to find the best possible structure.
Another consideration will be any other assets which can be leveraged as part of the transaction, such as a personal pension or stock portfolio. Our advisers will be able to use them to your advantage. Lender criteria and rates can be more flexible for large mortgages, and you may be able to achieve a higher loan to value or a lower rate than you expect.
When it comes to dealing with a private bank, whether you are looking for a transactional lend where you are not required to place assets under management (AUMs) or you are happy to provide AUMs to achieve the level of borrowing you require, we can advise best which banks to approach.
RH Private Finance will expertly present and negotiate terms for your application based on our knowledge of the banks’ lending requirements.