Private banks are a key part of the high net worth mortgage market and represent a significant part of the solutions we offer to our clients.
Private banks offer a complete contrast to the mortgages offered by high street lenders which, whilst cheap and accessible, often have restrictive or fixed lending criteria.
On the other hand, private banks offer mortgages based on an understanding of the client’s personal circumstances. The deals can be very competitive, especially if the client is interested in the bank or has the ability to do further business, and can use various mechanisms to make the lending fit perfectly.
However, the private bank mortgage market can be challenging:
We cut through all of these hurdles effortlessly and efficiently – we know who is lending, what the variables are and the right approach to get the best possible terms.
To that end, here are some of our favourite private bank mortgage deals:
Private banks typically require borrowers to keep assets under management (AUM) with the bank to offer the most competitive rates.
Private banks will typically offer both capital repayment mortgages, as well as interest-only.
Private banks provide competitive products for property investors letting second homes or holiday rentals.