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  • David Wise

Million Pound Mortgage with High Loan To Value.

Are you looking to purchase a new home or remortgage your current property, but also require a high loan to value mortgage? The below product, available up to 85% loan to value (LTV), could be the answer you’re looking for.

An 85% loan to value mortgage is a fantastic offering. Many lenders prefer not to lend above the 65-75% loan to value mark when loans exceed £1million, so this level of additional borrowing could be extremely appealing if having a high loan to value on a million pound mortgage is a priority for you.

The flipside of many high loan to value products is the rate. Fortunately, the rates offered by this lender are excellent even at the upper end of the loan to value spectrum. Offering 2 and 5-year fixed rates ranging from 1.53% to 2.14%* on loans up to £2million, this is an excellently priced mortgage product from a very competitive lender.

As an additional benefit, this product allows up to a 10% overpayment without incurring any penalties or early repayment charges. As such, you can pay over the contractual amount if you wish.

Loans up to 85% LTV

Fixed rates from 1.53%-2.14% (*at time of writing)

Overpayments allowed

Low lender arrangement fee

This bank prides itself on their underwriting approach, providing individual case underwriting to effectively account for each client’s individual circumstances, especially those who are self-employed where income is supported by the net profit of the trading accounts and not just PAYE & Dividends.

At Fitch & Fitch we an excellent relationship with this lender and would be delighted to advise you further if you are looking for a high loan to value mortgage up to £2million.