There are a vast number of million pound mortgage lenders and given most of the terms are fully negotiable having an expert on your side is vital.

Interest rates, of course, vary depending on your circumstances, your plans and the part of the market you are operating in.

Lenders will assess your financial situation and background carefully if you are looking for a £1 million-plus mortgage in the UK, offering rates on that basis. The more you are looking to borrow and the more complex your situation, the more you are likely to pay. Those with very vanilla requirements and lower loan-to-value ratios are likely to get the most competitive rates available on the market.  

The stronger you can make your case when approaching lenders, the lower the rate you are likely to be offered, so presenting your situation carefully is imperative to ensuring you give lenders the context they need to provide their best offer. Enness can help you compile this information and can approach lenders on your behalf. We arrange mortgages in every part of the market and work with hundreds of mortgage lenders daily.

Traditional rental income requirements and stress tests are not usually applied as strictly when it comes to million pound plus buy-to-let mortgages.

Instead, lenders will look at the net worth of the borrower their personal income and how interest would be serviced during void periods.

We can arrange a large buy to let mortgages even if the property isn't let.

This is a specialist part of the market and one we are very experienced in.

As a high-net-worth individual (HNWI), you might wonder why you should consider taking out a mortgage. HNWIs who don’t take advantage of mortgages miss out on cost-efficient property finance, including interest-only mortgages with privately negotiated rates. This allows you to borrow against your home and invest the cash in alternative assets.

You might initially think so, but research and Enness’ experience over the last fifteen years says otherwise.

While bankers can be typical applicants for a million-pound mortgage, many other individuals also finance prime and high-value property purchases in the UK and abroad. Enness has brokered million-pound and million-pound-plus mortgages for clients in the legal profession, individuals that work in the hedge funds or private equity sectors, career landlords, entrepreneurs and successful business owners, entertainment stars professional sports personalities – particularly footballers.

Enness brokers million-pound mortgages in the UK and abroad for high-net-worth individuals, entrepreneurs and business owners, including non-resident borrowers.

While both private and international banks are responsible for most of the million-pound mortgages, high street lenders also offer these mortgages. New lenders are continually entering this part of the market, including niche, alternative and invitation-only lenders. Enness is always among the first brokers to connect with these lenders and offered new products. This makes us an especially good choice of broker to turn to, whatever type of mortgage you are looking for.

Enness is one of the leading brokers of million-pound mortgages in the UK. The firm is ideally positioned to assist you, if you are looking for a high-value mortgage or if you wish to purchase prime or luxury property. With an expert team of brokers, Enness is also able to help you broker large mortgages if you have unique requirements that need to be considered in the process. Thanks to Enness, you will benefit from access to exclusive lenders who work with a limited number of brokers or that might not deal directly with new clients, but who prefer introductions.

The UK – London in particular – offers some of the world’s most exclusive and prime real estate. There is always a market for these properties, and UK house prices have a track record of continued appreciation, so million-pound mortgages will continue to be in high demand. In particular, these loans are often used for purchasing “trophy properties” in central London. London remains a property hot-spot, and as desire for high-value properties remains high, million-pound mortgages will continue to be crucial in the foreseeable future as buyers purchase these assets.