Large Mortgage Loans

A mortgage loan of above £500,000 is generally classified as a large mortgage loan. For amounts significantly higher than this, you will likely need to work with specialist lenders who are more experienced in handling high-value loans. There are also High Net Worth mortgages for those that are looking to purchase their dream home.

Lenders that offer large mortgage loans may be willing to provide multi-million-pound loans, depending on your financial situation and ability to make repayments. Some lenders can use an income multiplier of up to 7 times your salary, which can be beneficial when seeking large loans. 

Self-employed individuals face unique challenges when applying for a mortgage, particularly for large amounts. Mainstream lenders may have stricter requirements for self-employed applicants. You may need to provide extensive proof of earnings, a substantial deposit, and maintain a strong credit score.

Yes, Active Mortgages’ team is experienced in working with self-employed clients, whether you are buying your first property or adding to your portfolio. They provide tailored advice and support throughout the entire mortgage process.

You can easily book a consultation with one of Active Mortgages’ specialist advisers by contacting them directly. They will work with you to understand your unique circumstances and help you find the best mortgage deal available.