stunning-house

15% deposit mortgage for clients buying £5.2 million property

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Key features

  • £4.5 million mortgage agreed for £5.3 million property purchase
  • Clients paid in US dollars with large bonuses 
  • 85% loan-to-value mortgage 

Our clients  

Our clients agreed to purchase a large property in London and required a lower deposit mortgage. They were both British, working for a bank in London and paid in US dollars.

How did we help? 

Many of the lenders offering £4 million+ mortgages require borrowers to have a deposit of at least 25%, but Trinity has access to one private bank offering larger loans with smaller deposits for wealthier borrowers.

Was the mortgage interest-only? 

The mortgage was on interest-only for five-years. After that, it will switch to capital and interest to ensure the loan is repaid in full at the end of the term.   

What was the rate?           

A 2.60% over the Bank of England base rate and the arrangement fee was 1% of the loan amount. The overall cost for comparison is 2.9% APRC. Early repayment charges applied for two years.  

Call Trinity Financial on 020 7016 0790 to secure a mortgage or book a consultation 

Get Started

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.

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