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PRIVATE BANK MORTGAGES

At Diamond Property Finance, we offer assistance to high-net-worth and ultra-high-net-worth clients through a variety of private banks.

Private banks often have more flexible lending criteria than traditional high street banks, which can be advantageous for those with complex financial situations or who require a larger loan amount. Private banks can also offer more personalised service and tailored mortgage products, including bespoke repayment structures and interest rates. Private banks can also provide additional services such as wealth management and investment advice, which can be beneficial for those looking to optimise their financial planning.

Overall, obtaining a mortgage from a private bank can provide a range of benefits for those with more complex financial situations or who require a personalised approach to their borrowing needs.

  • £500,000 to £10,000,000+
  • Complex structures including onshore, offshore entities & trust structures
  • High Net Worth (HNW) exemptions including pre-funded, rolled interest and high loan to value interest-only mortgages
  • Lombard lending
  • Potential to raise up to 100% finance against a variety of asset classes.
  • Whether you are based in the UK, a UK ex-pat or are a foreign national a private bank could be right for you
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Private bank mortgages for HNWIs

In some cases, high net worth individuals (HNWI) may face restrictive and stringent eligibility criteria from high street lenders when financing luxury property. To overcome this, Diamond Property Finance work with an extensive panel of private banking lenders.

The benefits of private bank mortgages largely centre around the compelling proposition they offer, especially for those with complex circumstances looking for a large mortgage loan. Because the eligibility for a private bank mortgage is not preset, the underwriters assess applications on a case by case basis, therefore allowing for greater flexibility. Private bank mortgage rates may also be more favourable than mainstream alternatives and can be negotiated with a high loan-to-value (LTV) on a fixed rate, interest only or part-and-part basis.

Furthermore, some private bank mortgage lenders no longer require clients to place assets under management (AUM) with them, in a bid to build long lasting relationships. As high net worth mortgage experts, contact us today to see how we can help you secure a private bank mortgage.

The Private Bank Mortgage Process

For HNWIs and private clients, we’ll ensure discretion is given the utmost importance when sourcing a private bank mortgage. We’ll start with an initial conversation before leaning on our long-standing relationships, to secure the more suitable structured debt facility that fits in holistically with your overall wealth profile.

  • Private bank mortgages available from £1,000,000
  • Bespoke structured debt facilities covering onshore & offshore entities, and trust structures
  • High Loan to Value (LTV) ratios available

FREQUENTLY ASKED QUESTIONS

Why should I consider a private bank mortgage?

Considering a private bank mortgage offers several advantages. Private banks provide bespoke and flexible mortgage solutions tailored to individual needs. They often offer more personalised services, taking into account non-traditional income sources and complex financial situations. Additionally, private banks may provide exclusive perks and benefits, enhancing the overall mortgage experience.

How do private bank mortgages work?

Private bank mortgages work by leveraging the financial expertise and flexibility of private banking institutions. Unlike traditional lenders, private banks customise mortgage solutions based on individual financial profiles. The process involves a thorough assessment of the borrower’s financial situation, allowing for more personalised underwriting. Private bank mortgages often come with unique terms, catering to specific requirements and offering a higher degree of flexibility compared to standard mortgages.

How long does a private mortgage take?

The duration of a private mortgage process varies based on the complexity of the borrower’s financial situation, the property involved, and the specific requirements of the private bank. While traditional mortgages typically follow a standardised timeline, private mortgages may involve more in-depth assessments, potentially leading to a longer processing time. However, the trade-off is often a more tailored and personalised mortgage solution.

What are the benefits of securing a private bank mortgage?

Securing a private bank mortgage comes with several benefits:

– Personalisation: Private banks tailor mortgage solutions to individual financial situations.

– Flexibility: Private banks may offer more flexibility in terms, accommodating non-traditional income sources.

– Exclusive Perks: Borrowers may enjoy exclusive perks and benefits not offered by traditional lenders.

– Bespoke Solutions: Private banks create customised mortgage plans, addressing specific financial needs.

– Higher Loan Amounts: Private banks may consider higher loan amounts based on comprehensive financial evaluations.