Private Residential Mortgages

Private residential mortgages are a medium-term loan option often sought by individuals planning to secure a mortgage from a bank in the near future. They can be particularly useful for those just outside traditional bank lending criteria but who can demonstrate financial stability. Private residential mortgages, in particular, are beneficial for self-employed individuals or those experiencing large capital events like dividends or bonuses.

Private residential mortgages range from between 1 and 5 years and offer many benefits including fixed rates, interest-only options, and balloon payments. They are better aligned to the medium-term events as expected by the borrower and are favoured by many of the higher earners who want to retain the flexibility to repay large capital sums throughout the loan term.

Our Private Residential Mortgages are typically: 

  • Debt
  • £100,000 - £5,000,000
  • Buy and Buy-to-let
  • 12-36 month terms
  • Secured on residential property, 1st, 2nd and 3rd charge positions
  • Up to 85% LTV
  • Capital and Interest repayments or interest only
  • Capital reduction options
  • Early settlement options

Suitability for Private Residential Mortgages is based on the individual’s affordability and a planned re-finance event with a bank or senior debt provider once criteria can be met.