A mortgage over £500K is considered by some lenders as a large mortgage and may require additional underwriting which can delay processing times. Some lenders have a maximum lending amount of £1million so if you need to borrow more than this you may find it more difficult to find a lender. We have year of experience helping clients get the most suitable large mortgage. Contact us today and see how we can help you get a suitable large mortgage.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. You may have to pay an early repayment charge to your existing lender.