High-Value Property Remortgage

Start as soon as you know your fixed or tracker period’s end date. That leaves room to compare lender routes, gather the evidence and reach an offer before you fall onto the reversion rate. Most lenders let a new offer stand for a period before completion, so an early start rarely costs anything.

Yes. A remortgage with a capital raise repays your existing loan and lends you more on the same property, so a £1 million balance can become a £2 million loan where value, income and lender rules allow. Lenders assess the purpose as well as affordability. The alternatives are compared below; the releasing equity page covers the release itself.

A private bank underwrites the person: total assets, liquidity, income sources and future earning power, sometimes with a condition that you hold investments with the bank. A specialist lender or building society underwrites against published criteria: evidenced income, affordability and the property. Neither route is better in the abstract. Carried interest or foreign-currency income often opens more options at a private bank. Evidenced UK salary often makes the specialist route simpler.

Expect four kinds of cost. An early repayment charge applies if you are still inside a fixed or discounted period. The new lender may charge an arrangement or product fee. Valuation and legal fees run higher on a large or unusual property. Enness Global’s broker fee is agreed in writing before any work starts. The adviser sets these against the new terms over the period you expect to hold the loan.

Sometimes, and only with the long-term cost in view. Moving unsecured borrowing onto your mortgage can lower the monthly payment, but it usually extends the term, can increase the total interest paid and secures the debt on your home. Think carefully before securing other debts against your home. Some lenders decline consolidation.

Where the aim is to raise money against a home you already own, three routes are usually compared.

Terms depend on status, valuation and lender criteria.

The route depends on the evidence. Documented UK income points to a specialist lender or building society; bonus, carry, foreign-currency or asset-based income points to a private bank.

The stages are the same on every case. First conversation: a view on the case, the route and your date. Plan and route: lender type chosen, evidence list issued. Submission: the case goes to the lender packaged to its standard. Valuation and underwriting: the lender’s questions answered, the valuation read. Offer: conditions and expiry recorded, solicitor briefed. Completion: the new lender repays the old one and releases any extra funds.

What lengthens a remortgage is usually a valuation below expectation, evidence not to hand, or a lender query on the use of the capital. You do not chase the lender, valuer or solicitor; your adviser does.

Enness Global’s lender database profiles 415 actively tracked lenders, of which 72 carry large-loan programmes for high-net-worth borrowers by Enness’s own classification (Enness Lender Database, September 2026). They include 32 private banks, 15 international banks, 14 high street or challenger banks and 7 building societies. The remaining 4 are specialist or other lenders. Of the 116 lenders whose residential criteria Enness Global tracks from published sources, 75 (around two thirds) lend without requiring assets under management (Enness Lender Database, September 2026). Terms depend on status, valuation and lender criteria.

Client type: UK national and resident. Situation: the mortgage was approaching the end of its term and the clients wanted to raise capital for a property development project; one client’s circumstances had changed, which narrowed the lenders able to consider the case. Property: above £2.5 million. Loan: circa £2 million. Lender type: not stated on the published page. Status: published case study, June 2024; no status label on the published page.

What could have gone differently: the change in circumstances could have cut the borrowing available, and the product could have expired before a new offer was in place. Read the published case study.

A named adviser at Enness Global runs your case from the first conversation to completion and is your single point of contact. On this page that adviser is Toby Johncox, Group MD. Your adviser plans the route with you, prepares the submission to the lender’s standard, answers the lender’s questions, and holds the timeline across the lender, the valuer and your solicitor. You do not chase any of them.

You will hear from your adviser at each stage named above, and immediately if a date moves or a lender asks for something that changes the plan. If you are not hearing from us, tell us: call +44 (0)20 3758 9393 or email info@enness.co.uk.

If something goes wrong, tell your adviser first. If you are not satisfied with the response, you can raise a complaint with Enness Global under our complaints procedure.

Enness Global is a broker, not a lender. Your home may be repossessed if you do not keep up repayments on your mortgage.