Our High Net Worth mortgages provide opportunities for individuals meeting the FCA’s definition of high net worth to release equity from their property for any legal purpose, using a second charge loan.
What is High Net Worth?
The FCA definition of high net worth is a customer with an annual net income of no less than £300,000 or net assets of no less than £3,000,000. Assets can include equity in residential property. Subject to compliance with regulatory requirements. Please note that an APRC is generated as part of the application process.