| Property | Six-bedroom detached house |
|---|---|
| Location | Cobham, Surrey |
| Client | Company founder, irregular dividend income |
| Product | Private bank mortgages |
The challenge
The client's wealth was mostly tied up in shares in his own company, with irregular dividends. Mainstream lenders only looked at his modest drawings, which did not support the borrowing he wanted.
What we did
We approached private banks that consider a client's whole balance sheet and expected liquidity events. One bank agreed terms on a remortgage, with part of the released funds placed under its management. We set out the benefits and risks of linking borrowing to investments, and confirmed the existing lender's early repayment charge had ended.
The outcome
The refinance completed at 60% loan to value, releasing liquidity without the client needing to sell shares.
Private bank mortgagesBespoke, wealth-based mortgages from private banks for high-net-worth borrowers with complex finances.
Learn moreImportant: Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice: up to 1% of the loan, typically £500.