A commonly held belief is that those with a high income/net worth can easily secure a mortgage with a high street lender, however, it’s not as easy as you may think. Speaking to a mortgage adviser could speed up your process significantly, as well as help you find the best deal for your unique situation.

Today, we are going to answer 3 commonly asked questions we get surrounding high-value mortgages, to help you understand the complexities of finding a high-value mortgage, and how a Broker can guide you through the mortgage maze.

Firstly, what is considered a high net worth mortgage?

A mortgage to the value of £1,000,000 or above. Our advising team offers 5-star google rated, bespoke mortgage advice service to help our HNW & UHNW clients find deals from £1,000,000 to £25,000,000.

Why can it be difficult for HNW & UHNW to find a mortgage?

Typically, a client with a traditional employed income is most reliable in the eyes of a mortgage lender. This is because their employment contract certifies that they are going to earn a set amount each month, and therefore that they will be able to make monthly repayments.

So, a high income/net worth client earning money through shares, trusts, or other non-standard income sources may be seen as less reliable or harder to substantiate. From a mortgage lender’s point of view, there is no set amount to be earned from these types of income sources, as there is no contract to set things in stone.

How can a mortgage broker help with this?

For example, a company like Integra Financial has access to over 120 lenders as well as private banks and lenders who can review HNW & UHNW clients on a bespoke basis to measure the risk of their mortgage needs.

A mortgage broker will present you with a mortgage deal once they know the details of your financial situation, present your case to a range of mortgage lenders, and find the perfect mortgage deal for you. This can provide you with peace of mind as you will know that your Broker liaised with many mortgage lenders and explored your options before choosing the one best suited to you.

If you’d like to learn more about high net worth mortgages

Please feel free to contact us via our

Telephone: 0117 251 0083

Or our email: enquiries@integraf.co.uk

If you’d like to keep up to date on when we post our next blog, any events we attend, and more, you are welcome to follow our Instagram and Facebook pages: @integrafltd

Thank you for reading, and we hope to hear from you soon.