Mortgages Over £500k
When purchasing your dream home you need a team of professionals to help ensure that everything runs smoothly – and that’s where The Financial Guys come in!
Our team of mortgage experts can help you achieve your property goals, identifying the most suitable mortgage product for you which may mean introducing you to high value mortgage lenders who specialise in mortgages over £500,000.
This personalised, supportive and professional approach will help you to secure your dream home.
How Can We Help?
Expert Guidance
Our team of mortgage experts understands the complexities of mortgages over 500k – making sure we help you get the most suitable product to meet your financial goals.
Extensive Panel of Lenders
We’re not tied to any particular lender, so we’re only interested in getting you the most suitable product for your circumstances – not sales targets!
Modern & Streamlined Process
We know you’re busy so our process makes securing a mortgage as quick and easy as possible, using the latest technology and evening/weekend appointments to suit you.
What Do People Say About Us?
The Financial Guys Process
Mortgages over £500k can be an effective way to invest in property. However, it’s essential to understand the specific requirements, benefits, and risks associated with mortgages over £500k. With the right preparation and guidance, the process can be smooth and efficient. We put the essential steps in place for you to obtain a mortgage over £500k, tailored to your specific needs.
Initial Chat
We’ll book you in for a no obligation chat with our mortgage team to allow us to quickly assess what options might be available to you and to answer any questions you have.
Decision In Principle
After the intial chat, we’ll ask for the information and documentation we require to get you a decision in principle – this will give us an indication of how much a mortgage provider is willing to lend you for your rental property.
Find A Property
This is the fun part where you go and find a property that fits your budget. With our expert knowledge of the local area, we can help make sure that you don’t pay too much for a property and that you one you pick will help you achieve your financial goals.
Full Application
Once you’ve chosen the property and had an offer accepted, we get the ball rolling with a full application – and you’ll have the keys in your hand before you know it! We’re there every step of the way, to keep you fully up to date with the process and answering any questions you have on the way.
We Hold Your Hand Every Step Of The Way
Navigating the home-buying process can be daunting, but with our comprehensive financial service, you’re never alone. We hold your hand every step of the way, providing expert guidance and support until you get your keys.
Start Today – Book A No Obligation Chat
Our 15 minute initial chat allows us to assess the best way to help you and to answer any questions you have about buy to let mortgages.
About Us
At The Financial Guys, our mission is to help you achieve financial security and peace of mind. We understand that every client’s financial situation is different, and we pride ourselves on offering personalised advice that aligns with your individual goals and circumstances.
As a family-run business, we infuse our family values into every decision we make. This approach ensures that our clients remain at the heart of everything we do, enabling us to consistently deliver outstanding customer experience. Together, we strive to achieve the best possible outcomes for each and every one of our clients. In essence, we’re one big family working together to support and uplift our clients.
Disclaimer
Frequently Asked Questions
Can I get a mortgage for over £500k?
Yes, it is possible to obtain a mortgage for properties valued over £500k. Many banks and lenders offer specialised products for high-value mortgages, tailored to the needs of affluent individuals.
What are the requirements to qualify for a mortgage over £500k?
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Income Verification: Demonstrating high and stable income is crucial. Prepare detailed documentation of your income.
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Credit Score: A strong credit history and high credit score offer you a lot more choice but all circumstances can be taken into account.
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Deposit: Prepare for a minimum deposit of 5%.
Are interest rates higher for mortgages over £500k?
Interest rates for mortgages over £500k may vary. They depend on factors such as market conditions, the lender’s policies, your creditworthiness, and the type of mortgage (fixed rate vs. variable rate). It’s advisable to compare rates from different lenders to secure the best possible terms.
What types of properties can be financed with a mortgage over £500k?
Mortgages over £500k can finance various types of properties, including luxury homes, investment properties, and holiday homes. Lenders may have specific criteria for each property type.
Can self-employed individuals get mortgages over £500k?
Yes, self-employed individuals can qualify for mortgages over £500k. Lenders may require additional documentation to verify income stability, such as tax returns, profit and loss statements, and business financial statements. Demonstrating a consistent income and financial stability is crucial for mortgage approval.
Can I negotiate terms and conditions for a mortgage over £500k?
Typically, No. However, mortgages over this value don’t always come from mainstream lenders. We have access to many specialist lenders and often the terms are much more flexible, so we can find the best option for your individual circumstances.
The Financial Guys is a trading name of Platinum Financial Ltd who are an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd. First Complete Ltd is authorised and regulated by the Financial Conduct Authority.
The Financial Conduct Authority does not regulate some forms of Buy to Let. The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Contact
- 0333 012 4574
- hello@thefinancialguys.co.uk
Opening Hours
Evening and weekend appointments available.
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Registered Address: 30 Benton Road, High Heaton, Newcastle upon Tyne, NE7 7DU