The Sunday Times - Your new home costs £5m? No problem, say lenders
Banks and building societies are falling over themselves to lend to people seeking huge mortgages.
Aaron Strutt, product director at Trinity Financial, told The Sunday Times: “This really has been the year of lenders offering super-cheap £1m-plus mortgages.
He added that building societies are now also more open about offering large loans. Previously they would do these sort of deals directly with customers or brokers without publicising them.
“It is quite incredible how many of the smaller building societies are targeting the large loan market and how keen they are for this type of business. Building societies — including Teachers, Family and Market Harborough — have some flexible criteria and are particularly keen to offer larger loans.”
Get started today
Speak to one of our mortgage experts. Book an appointment to come and see us or request one of our experts to call you.
