We appreciate that getting a mortgage as a high net worth (HNW) individual can be complicated and time-consuming. Navigating this process requires experts who can guide you at every turn.
Our team of experts can use their unmatched knowledge of the market and network of lenders to secure you a bespoke mortgage arrangement that caters to your unique circumstances.
- Vast network of lenders, from high-street providers to specialist banks
- Award-winning high net worth mortgage advisors
- Rated 'Excellent' by our clients
08000 38 37 36
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What is a high net worth mortgage?
High net worth mortgages are a specialised type of mortgage for borrowers with high incomes or high-value assets. They are bespoke arrangements designed to cater to the complex needs of high net worth individuals and are arranged through mortgage brokers and specialist lenders, rather than mainstream mortgage providers.
What is a high net worth individual?
A high net worth individual is defined by the Financial Conduct Authority (FCA) as someone "with an annual net income of no less than £300,000 or net assets of no less than £3 million."
To qualify as a HNW individual, your income and assets must meet the threshold figures on an individual basis, not shared between you and a partner. Your assets should also be reasonably liquid and able to realise their full value quickly.
If you qualify as a high net worth individual, you will likely require a customised mortgage solution that aligns with your complex needs. Regardless of how complicated your circumstances may seem, our high net worth mortgage brokers can help you find a tailor-made solution from the right lender.
Do I need to be a UK resident to get a high net worth mortgage?
You don't have to be a UK resident to get a HNW mortgage. We can use our relationships with specialist lenders to find you a suitable mortgage, whether you're a foreign national, a non-UK resident, an ex-patriate or a UK resident who earns their salary in a foreign currency.
Why might you want to take out a mortgage as a HNW individual?
There are many situations in which it might be beneficial for you to take out a mortgage as a high net worth individual, including:
- If you have substantial wealth spread across assets but not enough cash to buy a property outright
- If you have enough cash to purchase a property in full but prefer to keep it liquid in case other investment opportunities arise
- If you have an irregular income and want to purchase a property before it reaches your bank account, without having to sell other assets
- If you want to use a mortgage to invest in residential or commercial property as a method for increasing your wealth, especially when interest rates are low
- If you want to take out a mortgage for tax planning purposes or to protect your investments
Why do high net worth individuals need specialised mortgages?
Building enough wealth to be classed as a high net worth individual rarely happens through regular lines of work. Your income likely comes from complex sources like business profits, bonuses, commissions, investments or rental income. Meanwhile, your capital could be spread across non-standard forms of wealth such as property, stocks, high-value vehicles or jewellery.
Mainstream lenders use standardised processes to quickly process large volumes of applications, so they rarely have the flexibility to consider complicated financial situations such as these. Their teams don't have the expertise to craft bespoke mortgage solutions that accommodate the needs of HNW individuals. This is why you need to use a specialist lender.
How Alexander Hall's HNW mortgage brokers can help
Access to private lenders
Most private lenders require introductions from a third party, so it can be challenging for you to approach them directly. Moreover, expertise often varies between HNW mortgage providers, which can make it difficult to know which is right for you. However, specialist high net worth mortgage brokers with a strong network can connect you to the most appropriate lender.
At Alexander Hall, we have built strong relationships with specialist lenders, private banks and bespoke lending propositions at some of the largest high-street banks in order to fully cater for the needs, circumstances and aspirations of high net worth clients.
Bespoke mortgage solutions
We recognise the importance of providing a tailored service for HNW individuals who often need to explore complex scenarios in high-pressure, time-sensitive situations.
In addition to securing finance on a home or other real estate properties, we can help you do so against a range of assets, such as investments/SIPPs, artworks, yachts, private aircraft, cars and many other forms of asset, as well as a number of vehicles such as trusts.
We also have the expertise to arrange finance for you if you seek to invest in developments or commercial projects on any scale. Please refer to our specialist lending page for more information.
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How the HNW mortgage process works
1. Understanding your needs
We'll get to know you and ask you to explain your financial situation and goals in detail. This will help us find the right lender and high net worth mortgage solution for you.
2. Negotiating with lenders
Based on your specific circumstances, we'll identify suitable lenders from our vast network. We'll then leverage our relationships and in-depth expertise to negotiate terms and interest rates that are favourable to you.
3. Gathering documentation
When we've found the best option for your circumstances, we'll help you gather and organise the documentation you need to make your application, working closely with your accountants, lawyers or other advisors to ensure all the information is properly presented.
4. Making your application
You don't need to worry about handling complex paperwork. We'll submit your HNW mortgage application to your selected lender for you and act as an intermediary throughout the process.
5. Providing ongoing support
We'll provide you with guidance and support until your application closes, proactively updating you on the progress and dealing with any issues as they arise – taking any anxiety out of the process.
Why choose Alexander Hall as your HNW mortgage advisors?
With more than 30 years of experience under our belts, we've learned how to arrange mortgage solutions perfectly tailored to your specific financial needs. Here are some of the reasons you can count on us:
- Advisors you can trust: Our high net worth mortgage experts are completely impartial and dedicated to finding the right finance for your needs.
- Vast network: With more than 100 lenders in our network, including those that specialise in providing high net worth mortgages, we give you access to the range of options you need to find a solution that caters to your specific needs.
- Hassle-free process: We take on all the heavy lifting, from finding lenders to paperwork and negotiations, saving you time and letting you focus on other important matters in your busy schedule.
- Award-winning broker: We've won many awards and accolades over the years, including Best Broker for Customer Service in the Legal & General 2024 Mortgage Club Awards.
- Exceptional service: Our commitment to providing the highest level of service is enshrined in our service promise and reflected in our 'Excellent' rating from thousands of reviews on Trustpilot.
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