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Key features

  • £4.5 million mortgage agreed for £5.3 million property purchase
  • Clients paid in US dollars with large bonuses 
  • 85% loan-to-value mortgage 

Our clients  

Our clients agreed to purchase a large property in London and required a lower deposit mortgage. They were both British, working for a bank in London and paid in US dollars.

How did we help? 

Many of the lenders offering £4 million+ mortgages require borrowers to have a deposit of at least 25%, but Trinity has access to one private bank offering larger loans with smaller deposits for wealthier borrowers.

Was the mortgage interest-only? 

The mortgage was on interest-only for five-years. After that, it will switch to capital and interest to ensure the loan is repaid in full at the end of the term.   

What was the rate?           

A 2.60% over the Bank of England base rate and the arrangement fee was 1% of the loan amount. The overall cost for comparison is 2.9% APRC. Early repayment charges applied for two years.  

Call Trinity Financial on 020 7016 0790 to secure a mortgage or book a consultation 

Get in Touch

Get in touch

To arrange a meeting with one of our expert mortgage advisers complete our enquiry form or mortgage questionnaire and we will call you back. Please note, by submitting this information you have given your agreement to receive verbal contact from us to discuss your mortgage requirements.

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