Mortgage Enquiries0344 346 3672
How do I find a large loan mortgage broker?
Who offers larger mortgages these days?
As property prices in and around London and our other big metropolitan cities continue to rise into the millions, you may find that you need a larger mortgage to secure the kind of home you want to live in. The problem is that many high street lenders simply won’t lend above the £1m mortgage mark.
John Charcol is an expert in helping high net worth and high income clients to arrange larger mortgages. We approach specialist lenders and private banks who we know are willing to lend on a larger scale, particularly if the borrower is supported by a professional mortgage broker like John Charcol.
Are lending limits rising in line with property price rises?
Many of our high net worth and high income clients are finding that standard lending limits simply don't go high enough for the kind of property they want to buy. It is not unusual to raise a mortgage for more than a million pounds when wanting to purchase a property, either to live in or as an investment in or around London, Manchester, Birmingham Edinburgh, Glasgow, Bristol or other desirable locations.
If you’re looking for a larger mortgage, you need to make a case to one of the specialist lenders or private banks who are used to arranging loans for larger sums.
How can John Charcol help with larger mortgages?
We are possibly the biggest and most established arranger of larger mortgages in the UK. We’ll spend time looking at your personal financial situation and do our best to build a case for the loan you need.
With years of experience and excellent contacts, we know who to approach in order to secure larger mortgages at competitive rates. As a respected broker we can:
- Talk directly with underwriters at specialist lenders and private banks who we know have a proven track record in closing larger mortgage deals
- Understand structures like family trusts, offshore investments, international wealth and multi-currency income profiles and present a compelling case on your behalf
- Manage larger mortgages for UK and foreign nationals and deal with any other financial or professional advisers you may wish to be involved
- Find competitive rates even on very large mortgages (we regularly arrange mortgages of multiple millions for clients)
- Move quickly enough to ensure that you get the home or property investment you have set your heart on, as time is often a factor in larger deals
To find out how we can help with your larger mortgage, call us on 0344 346 3672 or enquire now.
Need some advice?
Send us your details and we will help find the mortgage that's right for you:
Frequently asked questions
How much of my bonus can be counted as earnings for a larger mortgage application?
That depends on the lender. Some High Street lenders will use 25% of the last bonus added onto the basic salary...some will take 100%. We know who is best to approach when bonuses are part of the equation.
If the high street lenders tell me I can’t get the multiple on my salary, are there other places I can go?
Yes. We deal with regional building societies, private banks and other niche lenders who will look at each client on an individual basis. The range of income multiples can be as high as five times or more.
As a foreign national, can I still get a UK mortgage?
Yes…it helps if you are living in the UK, but if you are outside of the UK we can still assist. It really helps if you have a global tax adviser or work for a large international corporation. Keep in mind there are some countries that do not allow their citizens the ability to borrow towards a property purchase.
Can you help me to arrange a mortgage around my busy work schedule?
At Charcol we’re used to working with high net worth individuals who are under real time pressure. That’s why we come to you and fit in with your schedule.
I want a flexible mortgage that allows me to use my bonus to reduce it each year in significant payments. Can that be arranged?
We’re expert at arranging this kind of mortgage, making the best of low rates of borrowing with capital payments when bonuses are available.
Is there a fast-track service so that I can secure the property I have my eye on now?
Unlike high street lenders we’re fast and nimble, so if you need us to talk to an Estate Agent or make things happen fast to secure a particular property, we’ll do everything we can to make that happen.
Can I speak to someone with the authority to make decisions based on my real circumstances rather than computer-set limitations?
Yes. At Charcol our consultants are all experienced independent financial advisers. We often arrange London City mortgages through reputable private banks and investment houses who have much more flexibility on who they lend to and how much they will lend.
Why John Charcol?
- Independent We know where to find the best deals for people like you.
- Experienced We’ve been arranging mortgages for almost 40 years.
- Personal We’ll come to you and take as much pain out of the process as humanly possible.
- Expert Many of our clients don’t qualify for a standard mortgage. That’s where our expertise comes in.
- Flexible We're used to working with high net worth individuals who want flexible mortgages that give them best value.
- Fast We work quickly to make things happen in the timeframes you need.
- Accessible We’re real people available on the end of the phone or in person, as and when you need us.
What our customers say
John Charcol
0330 057 5173 £ Cutlers Exchange, 123 Houndsditch London EC3A 7BU
Excellent
1085 Total reviews
90%
4.81 Average rating
- 5★ ★ ★ ★ ★
Gerry
Penny Mathers and her team have been superb from start to finish. From our very first consultative meeting with her through to completion she has devoted significant time in the day (and evening) to talking to us either in person or on the phone at every stage of the process. In addition to the work she carried out behind the scenes getting us the best deal, she has coordinated the various stages of the project with colleagues both within and beyond JC and we have felt in very safe hands throughout the process. Jenny (my wife) and I would thoroughly recommend Penny and her team (and indeed this is the second major project we have carried out with JC over the last few years. Many thanks to everyone at that company.
Posted - 5★ ★ ★ ★ ★
Darren
I have dealt with other mortgage brokers in the past, but nothing like the quality of service I received from James and Katie.
Posted - 5★ ★ ★ ★ ★
Bob
Very capable, knowledgeable and professional People. My adviser kept trying until a lender accepted in principle and made offer
Posted - 5★ ★ ★ ★ ★
Mr cross
Jordan and Molly have helped us in anyway they could. Always there if we needed anything and very quick to respond. They have answered any question we have asked and have always kept us in the picture. Couldn't of asked anything else. Thank you. I would recommend John Charcol to anyone especially if Jordan and Molly are helping.
Posted - 5★ ★ ★ ★ ★
LJC
This is the second time I have used a John Charcol broker and again I was very pleased with the service. Mandeep Rai provided us with excellent advice on the best deal and ensured the process was as smooth as possible.
Posted - 5★ ★ ★ ★ ★
Mr Craig
Outstanding Service. As first time Buyers we were particularly nervous but this was all put to rest by our Broker. He walked us through the entire process to give us a level of understanding that was void of all jargon surrounding the huge financial commitment Mortgages demand. He met all deadlines he set for us regarding legal documentation being sent out or telephones to be made. John Charcoal will be our first point of call for any future dealings our Mortgage requires. Our Broker was a gentleman by the name of Hailey Kow and he was professional, honest and polite. I extend a great thanks for all services provided by John Charcol.
Posted - 5★ ★ ★ ★ ★
Stephen
Sergio and Sophia were a pleasure to deal with. Always keeping me up to date with my mortgages progress. Thank you Stevie
Posted - 5★ ★ ★ ★ ★
Anonymous
They were brilliant - can’t thank Stephen enough, he was great!
Posted - 5★ ★ ★ ★ ★
Philip
Everyone involved was excellent from Harris in obtaining the mortgage to Iain and a real shout out for Ann who helped move the transaction to a quicker completion and managed to manage the lawyers concerned who were a bit tardy. Being a lawyer myself I was really struck at how good the service delivery was , indeed it surpassed my expectations. I will recommend John Charcol in the future, it is rare to get a team of people in different offices where their is no weak link. Indeed the service was seamless,. Also the mortgage I obtained was one other brokers said was not possible. So they really do have the products available which others may not have.
Posted - 5★ ★ ★ ★ ★
Roger
Reena and her colleagues kept us informed of the progress of our application throughout the process even letting us know when there would be no updates for a few days. This really takes out any worry and stress from the whole business of applying for a mortgage. We were never left wondering what was happening. The people we dealt with were helpful and professional but also very friendly and human.
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