Our Case Studies
Our Case Studies » How to get a £2million mortgage at 85% LTV

How to get a £2million mortgage at 85% LTV

colourful curved terrace

As an entrepreneur, there are many factors which can affect your lending ability. Often income is more complex than purely drawing a salary, and you need to find a lender who will take a holistic approach to your financial circumstances in order to meet your needs.

Case profile

We recently worked with a client who faced a lending challenge that we see on a regular basis at largemortgageloans.com. Although they owned a successful business, the client’s income had fluctuated over recent years because they had made a choice to take a minimal level of income and instead invest all the capital they could in their business.

We needed to find a lender who would look at the overall earnings of the business, not just the client’s individual historical income levels. An additional challenge was levied as the client was looking for 85% loan to value (LTV) on a mortgage over £2million. Without the right assurances in place, this can be seen as a stretch too far for many lenders.


We were able to highlight a private bank. We approached the team there with the client’s overarching financial position, taking into account the business performance as a whole, rather than just the client’s individual income. Armed with this information and experience in presenting and negotiating tailored client solutions, he was able to secure the lending required.

Loan amount:
2.49% fixed for 5 years
Loan To Value:85%
APRC:Overall cost for comparison 3.50% APRC representative variable
Term:25 Years
Type:Interest only & Repayment
Loan purpose:Purchase
Lenders arrangement fee:0.5% of loan amount
Early repayment charge:
5% of the outstanding loan amount in Year 1, reducing by 1% year on year for 5 years

Overall cost for comparison 3.50% APRC representative variable based on 58 monthly payments at a fixed rate of 2.49% followed by 241 monthly payments at the lenders variable rate, currently 3.75%. Total amount to be repaid £3,934,347.60. As the mortgage rate is not fixed for the duration of the loan this amount is illustrative and may be vary in particular as a result of variations in interest rate.

Because part of your loan is a variable interest rate loan, the actual APRC could be different from this APRC if the interest rate for your loan changes. For example, if the interest rate rose to 9.00%, the APRC could increase to 6.90%. The actual rate available will depend upon individual circumstances and may not be available to everyone. Ask for a personalised illustration.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Return to Our Case Studies

Latest Articles/News

Case Studies

When clients are starting out in a new venture, there are inevitably period…

Latest/Related News

One of the elements which sets us apart from other mortgage advisers is our…

Press Release

The team at largemortgageloans.com has collectively been nominated for thre…

Press Coverage

Buy-to-let ratings survey: Lenders of rank…

LML Brochure

Download our brochure to find out more about largemortgageloans.com and what we can offer

Click to Download

Sign Up

Subscribe now, to hear from us on the latest mortgage market news, products and services.

Client Testimonials