Private bank mortgages offer a fantastic borrowing proposition for high net worth individuals as they assess every property finance application on a case by case basis. If you are looking to secure a high-value loan with complex income or an extensive asset portfolio, a private bank mortgage could offer you the flexibility and bespoke approach to suit your circumstances.
Whether you are looking to purchase a residential property, fund a commercial investment or expand your buy-to-let portfolio, you may find that a private bank mortgage lender is much better suited to your property finance needs than a mainstream lender. Whilst high net worth individuals may find their borrowing options restricted by the stringent eligibility criteria used by high street banks to assess affordability, private banks offer a more bespoke approach by taking the client’s wider profile into account and offering far better competitive rates. As such, private banks present a particularly attractive proposition for those looking for a large loan with more complex circumstances.
At LDNfinance, we specialise in arranging private bank mortgages on residential and commercial properties in the UK. We regularly assist clients with a range of complex scenarios that require the attention and bespoke tailoring only a private bank mortgage can provide. This can include those who require a large mortgage over £1 million, those investing from abroad, those with a vast asset portfolio, or those with complex income streams who derive earnings from sources such as large annual bonuses or dividends.
Working closely with our trusted network of private banks and specialist lenders that take a more holistic view of your affordability and overall wealth, our strong relationships will ensure you receive the best terms for your circumstances.
What are the benefits of securing a private bank mortgage?
As well as being more flexible and tailored to your individual needs than a traditional mortgage provider, private banks tend to offer a wider range of mortgage products that benefit those in the high net worth borrowing market. Private banks are able to structure a bespoke financing arrangement to suit your individual circumstances if required. Arranging unique, one-off mortgage deals is not something which you can expect to find in a high street lenders’ repertoire.
Furthermore, private bank mortgage rates are often more favourable than mainstream alternatives and are also available on a high loan-to-value (LTV), interest-only or buy-to-let basis. Traditionally, this can sometimes include placing assets under management (AUM) as security with the bank, however, many private lenders now offer options without AUM in recognition of a crowded and competitive market where they are keen to build lasting relationships with their clients. Many private lenders will be looking for an arrangement where they can work with you to realise and nurture your financial aspirations over time. As such, you can expect to receive a much more personal service as opposed to the transactional nature of taking out a conventional mortgage.
Our expert brokers have a wealth of experience in securing high-value private bank mortgages; we will work quickly and efficiently on your behalf, providing you with our unrivalled knowledge of the private mortgage market, rates, and options. Working with our extensive network of trusted lenders, LDNfinance is dedicated to providing you with the best property finance solutions to suit your circumstances – no matter the complexity.
Let’s discuss your financial position and arrange a private bank mortgage that suits your circumstances.