Large mortgage loans

For those that require borrowings well in excess of £1,000,000.

As professional brokers with many years of experience in providing advice to those looking for large mortgage loans, Coreco are well aware of the idiosyncrasies of the property market at these levels.

Coreco is a specialist in the large mortgage loan market and many of our clients require borrowings well in excess of £1,000,000.

As professional brokers with many years experience, since 1993 to be precise, in providing advice to those looking for large mortgage loans, Coreco are well aware of the idiosyncrasies of the property market at these levels.

Service, discretion and the ability to think outside the box are essential attributes for brokers working in this area.

We are aware that for some, a simple financing option is not enough. Many purchasers may be based overseas, or foreign nationals who wish to structure their finances through an offshore vehicle such as a Special Purpose Ltd. Company or Trust.

Many wish to borrow in another currency, or perhaps a range of currencies to make the most of Exchange Rate changes.

Large Mortgage Loan Brokers in London also need to be well-versed in the vast varieties of properties available. From swanky new build apartments in Docklands, large family homes in Chelsea, to converted period properties in Knightsbridge and ex-local authority blocks there is a wealth of choice.

 

Some lenders are better suited to lending on certain properties than others, and this knowledge is essential for all Mortgage Brokers in London.

Many canny investors also look at short-lease properties, and there are lenders who will look at financing these properties whether it is a qualifying lease, (a lease that was initially granted over 21 years), or not.

Coreco specialise in all these areas, so if you are looking at purchasing a residential or investment property in London, especially if you require a large mortgage loan, please call one of our consultants now on 020 7220 5100 or click here for more contact options.

Things to consider

Do I want the security of fixed monthly payments?

How am I going to pay the loan back?

How much can I borrow?

How much deposit do I have?

Do I have money set aside for fees such as legal costs and stamp duty?

What exactly does the mortgage process involve?

Important

Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it.

A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.

Everything you need to know to speed up your mortgage application.
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