Which lenders offer the most competitively priced £4 million and £5 million mortgages?
Page edited and updated 06/08/2024.
If you are a high-net-worth borrower planning to purchase a high-end property, there is a selection of lenders offering £4 million or £5 million mortgages.
Click here to view our large mortgage loan best buy table.
Some of the largest lenders, including Coutts, HSBC for Intermediaries, and NatWest for Intermediaries, provide wealthier clients with a selection of fixed and tracker rates, often priced between 4% and 6%.
Other lenders, like Accord, provide large offset mortgages and others have Bank of England tracker rates without early repayment charges.
HSBC offers mortgages up to £5 million
HSBC for Intermediaries has recently lowered the price of its mortgages and launched a sub-4.15% five-year fix and a sub-4.5% two-year fix for mortgages up to £5 million.
Both rates have £1,499 arrangement fees and are available to those with a 40% deposit. After the fixed period, they revert to the lender's 6.99% standard variable rate, and early repayment charges apply.
Coutts recently confirmed the bank's ability to arrange bespoke agreements for £5 million+ mortgages. Our high-net-worth specialist brokers have direct access to bankers within Coutts and work with their credit teams to create a tailored bespoke offering on a case-by-case basis.
Aaron Strutt, product director at Trinity Financial, says: “It is surprising how many mortgage lenders are keen to provide larger mortgage loans to wealthier clients.
“Some lenders are still capping their mortgages at £1 million, but the big lenders are keen to offer large loans. Many high-net-worth borrowers require access to funds for a longer period, often driven by tax planning or the desire to access cheap funding to support other investment activities. Some clients opting for interest-only mortgages often have mandatory paydowns built into their products to ensure the loan-to-value is reduced."
Does NatWest offer larger mortgage loans?
NatWest for Intermediaries is another lender offering £4 million and £5 million mortgages at similar rates to HSBC. Trinity Financial’s brokers have access to the bank's large loan desk and can get applications agreed quickly and efficiently.
Call Trinity Financial on 020 7016 0790 to secure a £4 million or £5 million mortgage. You can also 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
If you are looking for a larger mortgage loan you typically need to go to a private bank if you have a particularly complex financial situation. If you are a banker with which a large basic income, you receive a bonus, or you are paid in dollars, then we should be able to help you get a high street mortgage. If your situation is particularly complex the private banks maybe the best option.
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.
