Mortgages over £1million

For million pound large mortgage loans we work with select high street and private banks that will look at your requirement on a bespoke basis.

Dedicated & Flexible Service

We can offer you options providing:

• Bespoke lending solutions from £1 million
• Large mortgage loans up to 95% LTV (Loan to value)
• Uncomplicated approach to income & wealth
• Interest only options 
• Mortgages for residential and investment properties
• Options for short term finance (bridging), buy to let, commercial and development
• Mortgage solutions for complex income arrangements
• Solutions for HNW individuals
• Offshore solutions for UK expats, non domiciled UK residents, UK residents earning in a foreign currency and foreign nationals
• Independent service & expert advice

*Overall Cost For Comparison 

Over the last few years, the mortgage market has seen many banks and building societies start to turn their attention towards the lucrative returns from offering out high mortgage loans, and consequently have started to offer attractive interest rates to attract borrowers who are looking to take out mortgages over £1million.

Before you make the decision to commit to a large mortgage loan there are a number of factors that you should take into consideration.

Your Income Structure

• If you have a standard stream of income and can contribute to 25% or more of the purchase price then the process is likely to be easier for you and it is likely you’ll have access to the best rates; whether it be on an interest only or repayment structure.
• Like most mortgages, if your income structure is more complicated – for instance if you’re self-employed, a contractor or an expat the process of obtaining a large mortgage is slightly trickier, although definitely achievable. There are still plenty of routes open to you to obtain that mortgage, and we can help find the right deal for you.

To investigate your mortgage options call our team on 0117 959 5094 or fill in our call back form

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Type of Mortgage

It is also important to consider whether you want your mortgage to be repaid on a fixed rate or variable basis. In case you are unsure on the difference, they are both explained below.

• Fixed Rate Mortgage – With a fixed rate mortgage the interest rate remains the same throughout the period of the term. A fixed rate mortgage is often preferable as it gives you a sense of security knowing exactly how much your mortgage will cost you for a set period of time.
• Variable Rate Mortgage – The interest rate on a variable rate mortgage is linked to the Bank of England’s Base rate, so if the Base rate changes, your mortgage rate will also change. As with fixed rate mortgages, trackers are available over different terms (most commonly two to five years).
• Discount Mortgage – Discount mortgages differ to variable rate mortgages as the interest rate attached to the mortgage is not linked to the Bank of England’s Base rate. Instead, it's linked to the lenders standard variable rate (SVR). It's worth noting that a lender can change their SVR even if the Bank of England’s Base rate does not fluctuate.

Its best to contact a mortgage broker if you are unsure on any of these mortgage types, or would like to get advice as to which is most suitable for your personal situation.

Payment Structure

When reviewing your options, you should also consider what repayment method you intend on taking. Like typical mortgages, high value mortgages are available on both an interest only and repayment basis.  

• Interest-Only Mortgage – With interest-only mortgages you only pay the interest due on the amount you borrowed each month. So whilst your monthly repayments will be less than an equivalent sized repayment mortgage, you’ll still owe the amount you originally borrowed when you reach the end of your mortgage term.
• Repayment Mortgage - Repayment mortgages are the most popular and widely available repayment option. With this type of mortgage you’ll make repayments for the term of the loan until you’ve paid back both the capital and the interest.

Our team of specialist advisers can help you find the most cost efficient structure for you to repay your mortgage on the basis of your personal circumstances.

Planning on leveraging assets?

If you have any other assets that you would like to be leveraged as part of the transaction such as stock portfolio, other property or a personal pension; our team can help use these to negotiate more flexible lending criteria and more favourable interest rates, to help you get the best deal on your large mortgage loan.

Additional methods of borrowing

There may also be additional methods of borrowing available to you, depending on your personal circumstances. If a first charge mortgage is not suitable for your situation, we can evaluate your personal circumstances and see if there is the potential for you to borrow using a second charge mortgage, secured loan or a further advance from a current lender.

Finding the best high loan mortgage deals

We can offer whole of market unbiased advice and guidance to help you find a high loan mortgage that you can afford, and that fulfils your mortgage goals.

In addition to this, high value loans or professional mortgages are not widely available in high street banks. We work with the majority of UK high loan mortgage lenders to bring you exclusive and leading rates tailored to your specific financial situation and needs.

To investigate your mortgage options call our team on 0117 959 5094 or fill in our call back form