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
1144 Total reviews
90%
4.81 Average rating
- 5★ ★ ★ ★ ★
Elizabeth
Efficient straightforward and very helpful. All the stress of finding a suitable mortgage product was removed. Thank you!
Posted - 5★ ★ ★ ★ ★
Sarah
Nicola Jones and Cristian Lupu were helpful , friendly, efficient and pro-active in arranging the right finance deal for me. This is the second time I have used John Charcol and their customer service is excellent.
Posted - 5★ ★ ★ ★ ★
David
I went to John Charcol because I had issue getting mortgage for an off-plan assignment of contract. Sener Topal took the case and worked diligently. He was efficient, responsive and quick to the point. Not only he helped me secure the mortage, he also helped liasing with the developer to ensure all necessary assessments done in time. He did much more than just a mortage broker (in contrast my laid back lazy solicitor was just sitting around waiting things to happen). I would highly recommend Sener and the John Charcol!
Posted - 5★ ★ ★ ★ ★
Anonymous
Great availability of products, sound advice & superb client service. My thanks to Matt Daley & Louise Cheatle.
Posted - 5★ ★ ★ ★ ★
Charlie
This is my 2nd time where Steven Prior has sourced the right mortgage deal for me, after a fantastic experience 2 years ago. I would whole heartedly recommend Steven to my contacts and will continue to deal with him in the future. His manner is professional, is clearly very well informed and knowledgeable and was always readily available to speak either via email or on the phone.
Posted - 5★ ★ ★ ★ ★
Mercedes
An absolutely fantastic service provided by Penny Mathers and Fiona Allan from beginning to end; the whole process was effortless. Penny was very knowledgeable and highly professional with a good understanding of our needs. The process was extremely smooth right upon until completion day. Highly recommend John Charcoal Ltd
Posted - 5★ ★ ★ ★ ★
Michael
I have used them for many years and have always been happy with their service.
Posted - 5★ ★ ★ ★ ★
Anonymous
Rob Setter has been very professional,helpful and quick to reply to any queries.
Posted - 5★ ★ ★ ★ ★
Anonymous
The service provided by Matthew Daly is superb. Thoroughly professional, very knowledgefull and approachable and a very nice chap. The whole transaction was very smooth with good back up from his colleagues. Matthew found a good deal as expected and has also arranged finance for me previously. Fully recommended.
Posted - 5★ ★ ★ ★ ★
Anonymous
Ajay Waroo was very informative and maintained great communication throughout. Nothing was ever too much. Highly recommended.
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