We are experts in securing million pound plus mortgages for our clients. We know which banks lend, who the top underwriters are, how to access the best possible million pound mortgage rates and how to precisely prepare an application to secure an offer in the fastest possible time.
There UK mortgage market is ultra fragmented and finding the mortgage lender who will offer you the cheapest mortgage, at the lowest rate and in the fastest possible time can be challenging. We know the market inside out and have the majority of the key decision makers at the key banks on whatsapp for instant communication.
As a guide, you should expect the following:
This is one of the most competitive parts of the UK mortgage market. There are alot of lenders in this space and many of them have specialist departments set up with £1m plus lending requests. Lenders range from high-street banks (like Barclays and Halifax) through to specialist lenders, discrete private banks and international powerhouses.
Here you will find bespoke underwriting, flexible terms, very keen pricing and much more flexibility than lover value mortgages.
Some banks will offer terms based on your circumstances in the same way as they would for any other mortgage, some will require assets under management or a special account to be opened as part of the process. Others will use little known rules to increase leverage.
We work with every bank and can give complete market oversight to ensure we approach the best bank for you.
Whilst parts of of the market run a computer based underwriting basis for all mortgages over £1m, others are much more traditional in their approach and manual in their underwriting.
Either way, precision, accuracy, negotiation and timing are vital to any application and having someone on your side to help navigate will make all the difference.
Underwriting centres around 3 pillars. How you plan to service the interest, how you intend to pay bank the mortgage and how much you can personally contribute to the purchase price. Servicability, repayment and deposit.
We will help by finding the correct lenders, shaping your application to precisely meet lending criteria, assimilate all supporting documents, negotiate hard on your behalf and the manage the whole transaction to completion.
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