In simple terms, the loan to value (LTV) ratio of a mortgage is calculated as a percentage of the property’s value. If for example, you were looking to secure a £1.5 million loan towards a £2 million property purchase this would be a 75% LTV mortgage. If you think of the risk/reward ratio akin to a seesaw, the lower the deposit the higher the risk, the higher the deposit the lower the risk. The risk associated with any mortgage is expressed in the interest rate payable.
Our experts have earned close and trusting relationships with first-class private banks providing high loan to value mortgages. We could help you unlock a 90% loan to value mortgage with a well-known and exclusive private bank. You could even benefit from zero early repayment charges (ERCs) with the tracker interest rates.
2 year tracker @ 2.99% plus BOE base rate **No ERCs**
5 year tracker @ 3.14% plus BOE base rate **No ERCs**
2 year fixed @ 3.09%
5 year fixed @ 3.29%
10 year fixed @ 3.74%
As well as securing a 90% loan to value mortgage, there are a range of 85% loan to value mortgages available to our clients.
Nearly all high street banks today offer a maximum loan to value mortgages of 60%. However, our leading brokers could secure an 85% high loan to value mortgage for your property. With a lender fee of just £999, we ensure that you get the best mortgage deal on the market for your high loan to value mortgage.
2 year fixed @ 2.63%
3 year fixed @ 2.94%
5 year fixed @ 2.95%
For larger properties, worth up to £3 million, our experts can secure 85% high loan to value mortgages. Clients can also benefit from zero early repayment charges (ERCs) for two- and five-year tracker interest loans. If you would like to take advantage of this exclusive opportunity, please arrange an appointment with us.
2 year tracker @ 2.39% plus BOE base rate **No ERCs**
5 year tracker @ 2.54% plus BOE base rate **No ERCs**
2 year fixed @ 2.49%
5 year fixed @ 2.69%
10 year fixed @ 3.14%
The main issue with high LTV mortgages is simple; the client has relatively small exposure with the finance provider taking on most of the risk. Whether looking at traditional loans or high loan to value mortgages, all finance providers will prefer the lender to be as committed as possible. Thankfully, not only do we have access to a range of traditional high-value mortgage providers but we have a close relationship with a private bank which is extremely active in this area.
In the past, we have negotiated a number of million-pound mortgages with an 85% LTV and even above in some circumstances. Access to this type of finance is generally restricted and many companies will act on an introduction only basis. This allows them to build up a select number of trusted third parties whom they can deal with. We understand their requirements, they understand our customer needs and more often than not we are able to meet in the middle and come to an acceptable arrangement for a high loan to value mortgage that suits your requirements.
There will be occasions where high net worth individuals are looking for £1 million mortgages, and above, but they may have restricted cash flow. They could be asset rich with limited immediate cash available which can cause issues. If you put yourself in the shoes of the lender, if they have assets but restricted cash flow in the short term, might this continue for some time to come? Even though they have assets, can these assets be liquidated at relatively short notice and obtain a fair market price?
This is the main reason why the number of mortgage providers able to offer 85% LTV mortgages and above is relatively small. Access to this level of funding comes with reputation and experience which is where we excel. We would welcome the opportunity to discuss high LTV mortgages in more detail, calculate theoretical scenarios or obtain real-time rates for real-time situations. Our experience is second to none although we will retain a sensible head when advising you of the pros and cons for your particular situation.