How much do you need to earn for a £2 million mortgage?
Do lenders use income multiples for £2 million mortgages?
- £2 million mortgages available on leading fixed or tracker rates.
- Large mortgages for wealthier clients with 10% deposits.
- Interest-only mortgages or part interest-only to ensure part of the mortgage is repaid.
- Bullet repayment mortgages where interest-only mortgages are issued and lump sum overpayments are written into the mortgage contract. Linked to expected bonus payments.
- Bonus income mortgages, particularly for financial services professionals.
- Lenders with the a bility to evaluate a range of financial assets for income, monetising wealth for affordability.
Is it possible to get six times your salary for a mortgage and borrow £2 million?
How much are £2 million mortgage rates?
Which lenders offer £2 million mortgage rates?
Click to view our large mortgage loan best buy table and borrowing calculators.
Call Trinity Financial on 020 7016 0790 to secure a large mortgage loan, book a consultation, or complete our mortgage questionnaire.
The information contained within was correct at the time of publication but is subject to change.
Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage
Certain banks and building societies will accept income paid in foreign currency. This includes US dollars, Euros, and Swiss Francs.
Other accepted currencies include: Australian Dollar, Bulgarian Lev, Canadian Dollar, Croatian Kuna, Czech Koruna, Danish Krone, Hungarian Forint, Japanese Yen, New Zealand Dollar, Norwegian Krone, Polish Zloty, Romanian Leu, Singapore Dollar and Swedish Krona.
Some lenders will factor in currency fluctuation and take a "haircut", so the amount you can borrow may be reduced.
• You contact one of our consultants by calling 020 7016 0790 or complete our basic enquiry form or mortgage questionnaire for a more detailed initial response.
• You tell us what you are looking for and we assess your mortgage and financial protection needs based on your monthly budget.
• We collect the information and documentation that the lenders and providers will need.
• Based on the information supplied, we provide you with illustrations for the most suitable products for your circumstances.
• We then submit the application on your behalf to secure a mortgage offer as quickly as possible. This is once you have confirmed you are happy to proceed.
• We manage the application through to completion and liaise between all involved parties such as valuers, estate agents and solicitors.
• Post-completion we are available for any questions. When you reach the end of your initial product, we are also able to discuss any further mortgage, will or financial protection product requirements.
As part of our ongoing service commitment - we will contact you at least three months before your fixed or tracker rate expires to ensure you avoid reverting to an expensive, standard variable rate.
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.
