High Net Worth Remortgage & High Value Remortgage Services
Bespoke assistance for high net worth individuals
- Access to private remortgage lenders
- Remortgages for non-standard incomes
- Higher-value property remortgages
- Personal service for every client
Access Our Personal Mortgage Service
High-value Remortgaging Solutions from High Net Worth Specialists
When you’re remortgaging it’s important that you examine all the options open to you. When you’re considering remortgaging as a high net worth individual (HNWI) or looking for a high-value remortgage, it’s vital. That’s because the choices available to you may be more limited, more specialised or take longer to secure.
Barriers to finding a suitable remortgage can include the value or type of property being remortgaged and the complexity or source of your income. Morrison Ward Associates understands the particular requirements of high net worth applicants. The team have the experience and contacts to find you the right remortgage, whether that is a product with your existing lender or moving to another lender.
The intricacy of HNW remortgaging is why arranging your next high-value remortgage deal through a broker can save money and time. With very specific, tailored and changing lending criteria, it can be almost impossible for the layperson to effectively compare remortgages. We already have relationships with lenders, including private banks and specialist lenders. These relationships give us an insight into who will give you the most competitive deal and which lenders will be most suitable for your financial circumstances.
Talking to Morrison Ward Associates now is the smart decision for anyone seeking a high-value remortgage.
Why you need a high net worth remortgage
There are many reasons why you might be looking to remortgage. The good news is, whatever the reason, we can help.
-
Coming to the end of your current deal
If you are coming to the end of a discounted or fixed interest rate and you don’t act, you will be moved to your lender’s Standard Variable Rate. For HNWIs and high net worth mortgages, who are operating with higher loan amounts, this can mean a substantial increase in monthly repayments.
-
Releasing equity
As property values increase, remortgaging offers an excellent route to unlocking the capital tied up in your home or property portfolio. This can give you access to funds for investment or business opportunities without needing to liquidate other assets – and often more quickly.
-
Raising capital
If you’re planning a major purchase, making home improvements, extending your current property, or you’re a portfolio landlord considering a new property purchase, a remortgage could be the answer.
-
Consolidating borrowing
Managing any borrowing you have can be made more straightforward by bringing it all together into a single remortgage product. Terms will be clearer and often the interest rate will be more favourable.
-
Switching lender
Even if you aren’t coming to the end of a deal, changing circumstances may mean that changing your mortgage makes financial sense. You could be looking for more flexibility or a better interest rate. Speaking to a mortgage broker can help you avoid any early repayment charges.
-
Restructuring for estate planning
Later life remortgaging can make good financial sense for you and your loved ones. We would always recommend working with your accountant to understand how restructuring your estate could, for example, reduce your exposure to inheritance tax.
-
Short term finance
Remortgaging could be an option if you are looking to bridge a funding gap in other areas by using the equity in your home to borrow at a competitive rate.
Testimonials from our clients
How is high net worth remortgaging different?
There are some key ways that remortgaging for high net worth individuals differ from standard mortgages and remortgages.
Income
The types of complex income typical of HNWIs, together with the variety of income sources, can make it difficult for lenders to assess your income as a whole. We can present your income to lenders who understand borrowers like you, helping them to assess your circumstances and reach a decision.
The size of loans
High net worth individuals tend to operate beyond the limits of typical high street lenders. Put simply, considering a remortgage on a two million pound property requires a different approach to remortgaging a property worth half that or less.
Type of property
This group of borrowers tends to have a higher proportion of unusual properties, including equestrian properties, bespoke architect-designed homes and homes with substantial land attached. Any property out of the ordinary can require specialist lenders in order to secure a remortgaging package.
Asset-based and portfolio lending
Looking beyond income, specialists like Morrison Ward Associates can facilitate a remortgage structured against other property, investment portfolios or wider assets. We do this primarily by working with private lenders.
Understand your remortgage options with Morrison Ward Associates
Ready to remortgage? Morrison Ward Associates will provide a discrete, professional service focussed on your requirements. Whether a single property or a property portfolio, remortgage brokers on our team understand exactly what needs to be done to secure your financing. Contact us today to discuss your requirements.