For HNW/ Larger loan requirements, when it comes to mortgages over £1
million lenders will usually want to see a larger deposit.
Typically main stream lenders will cap lending at 70% to 75% LTV (loan to
value) e.g. on a central London property for example priced at £5 million as a borrower you
would be expected to deposit £1.25 million to progress the deal.
This can be a sticking point for high net worth clients who want to
maintain liquidity . The good news is that we work with lenders that take a more bespoke
approach to mortgage lending.
Bespoke lending based on a more informed approach to a client’s
circumstances means we can put in place lending solutions which are tailored to a client’s
For example many of our clients want to work on an interest only basis.
Typical high street lenders will often have caps on how much can be
borrowed on large loans over 1 million restricting the interest only portion to anything from
50% to 75% LTV.
We work with banks that look at your full financial profile as a high net
worth individual, which means we can often source lending solutions that are purely bespoke.