Arranging a large residential mortgage is tricky if your income, on paper, is not sufficient to cover the mortgage interest – especially when you are using a high street lender’s affordability or income multiples model.
We are able to arrange large mortgages in excess of £1m (with no limit) for high net worth individuals with other background assets or family wealth even if their ’personal income’ does not fit the traditional 4 X income requirement.
This is not a ‘self-certified’ or ’ non-status’ mortgage. Our lenders will take your full circumstances into account and make a decision to lend based on your situation, your ability to meet the interest requirement and your ability to repay the loan at the end of the term – not just the figures on your tax return or P60.
This type of mortgage is useful for:
For these types of mortgages, the lender will be looking for some other relationship with the client (either assets to manage or other services to provide now or in the future) and the application process will be more than simply completing an application form, but we are achieving some excellent terms and very flexible lending solutions. For example:
If this sounds like a solution for you now, please do get in touch via the link below.