How much would a £1 million mortgage cost?
If you're looking to borrow £1,000,000 over 30 years with an interest rate of 4.25%, that could cost you £3,541.67 per month on an interest-only mortgage. This rises to £4,919.40 per month on full capital repayment.Million-pound mortgages & million-pound calculator
Trinity Financial offers an individual and tailored service to help our clients buy stunning country homes.
Knowing and understanding the country house market is the key to ensuring buyers secure the most suitable mortgages. Our brokers are passionate about arranging finance and consistently help arrange funding for borrowers to buy unique rural homes.
Mortgage lenders have different acceptance criteria when deciding whether to issue finance on individual properties. Some tighten the rules if properties have land or equestrian facilities. Others can be more flexible if there are outbuildings or commercial elements.
Over the years, we have developed a large panel of banks, niche building societies and private banks, consistently issuing country house mortgages.
Are you buying a property with land?
Trinity Financial has access to lenders that do not limit the amount of land a property can have. Our experts have helped clients buy homes with ten, twenty and even fifty acres. We also regularly allow buyers to purchase homes with outbuildings, equestrian facilities, and separate properties, which may often be let or used to host weddings.
We can help you buy a house in the country and access more competitively priced mortgages of over £1 million now that the fixed-rate cost has started to fall.
Country house mortgages
Private bank or standard lender?
There is a selection of mortgage lenders keen to issue country house mortgages without limits on the number of bedrooms, outbuildings or acreage. Some will also accept homes with commercial uses.
Trinity Financial brokers have access to private banks keen to issue mortgages and more standard lenders with teams eager to issue bespoke mortgages. To access the lowest rates, borrowers will need a larger deposit, but there are also options for those with a 10 or 15% deposit.
Our country house and country estate mortgage specialists take the time to understand our clients, their finances and the properties they buy.
Call Trinity Financial on 020 7016 0790 to secure a country house mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage