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There is a huge amount of competition between the high-street mortgage lenders to attract wealthier borrowers and some large mortgage loans are readily available below 2%.

If you are looking to raise £1 million to purchase or remortgage a property, Trinity Financial has access to a lender offering a two-year fix at 1.79%. The monthly repayments on an interest-only basis would be £1,491 and £4,137 on full capital repayment over a 25 year term.  This mortgage has a £1,999 arrangement fee and you would need to put down a 35% deposit.

If you are looking for longer term payment security, we have access to a five-year fixed rate at 2.95%. If you were to borrow £1 million, the monthly repayments on an interest-only basis would be £2,458 and £4,716 on full capital repayment over a 25 year term.  This mortgage has a £999 arrangement fee and you would need to put down a 40% deposit.

After the fixed rate period the rate increases on both of these mortgages to a Bank of England base rate tracker plus 3.39%, currently 3.89%.

If you would like help to secure a large mortgage loan, call us on 020 7016 0790.

January 13, 2014

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To arrange a meeting with one of our expert mortgage advisers complete our enquiry form 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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