A million pound mortgage is a high-value loan typically used to purchase or refinance properties worth £1 million or more. These mortgages are often offered with more flexible terms and may require specialist lenders or private banking solutions. 

Securing a million pound mortgage will come with similar requirements as any mortgage, with eligibility criteria set by the lender. However, for those who have a complicated income, it can be difficult to secure funding.

At Watts, our team is highly experienced in high-value mortgage arrangements, so whether you are self-employed, have multiple sources of income or you are an ex-pat, we can help.

Our specialist advisers will take the time to understand your individual circumstances, and advise on bespoke lending solutions. Most million pound mortgages are only available with large deposits, and for a better range of options, you would be looking for at least 15% of the purchase price.

At Watts we have a team of highly qualified specialists, and as we are whole of market, we can use every and any provider to find the right mortgage deal for you. We can give you access to a single adviser to help source the most suitable solution for your needs, with years of wider financial planning under their belt. Our team are also able to use other assets to help with the transaction, including personal pensions, stock portfolios or other property.

• Whole of market access:
  We’re not tied to any one lender, we find the best deal for your circumstances.
• Expert advice: Our team has decades of experience in large mortgage lending.
• Discreet and personalised service: Your mortgage will be handled with the utmost confidentiality and attention to detail.
• High net worth specialist brokers: We understand complex income sources such as bonuses, dividends, or international earnings.
• Nationwide and local expertise: Whether you’re buying a townhouse in London or a countryside estate in Cheshire, we can help.

1. Get pre-approved early
   Understanding your borrowing capacity early on puts you in a stronger position when negotiating on high-value properties.
2. Work with a specialist broker
   Large mortgage lending often involves complex underwriting. Our team at Watts Mortgages can identify the right lenders for your unique circumstances.
3. Prepare documentation
   High-value mortgage lenders will require full visibility of your income, assets, and liabilities. Make sure your accounts are up to date and accurately presented.
4. Private banks
   Private banks can offer competitive rates and flexibility, especially if you’re open to placing assets under management. We’ll guide you through this if it’s suitable for your situation.
5. Think long-term
   Plan not just for today, but for future interest rate changes and life events. We offer holistic mortgage and wealth advice to help you stay financially secure.