Category: Large Mortgages
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How Much Does A £3 Million Pound Mortgage Cost?
Breaking Down the Costs of a £3 Million Mortgage A £3,000,000 mortgage is a major financial undertaking, and it’s essential to understand the costs involved. Whether you’re a high-net-worth borrower, an investor, or simply researching large mortgage options, this guide will outline what to expect. At Kerr & Watson, we specialise in providing expert mortgage… Read more
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How Much Does £10 Million Pound Mortgage Cost?
Exploring the Costs of a £10 Million Mortgage A £10,000,000 mortgage is a major financial undertaking that requires careful planning and a clear understanding of the costs involved. Whether you’re a high-net-worth individual, an investor, or simply researching mortgage options, this guide will provide insights into the key factors influencing your borrowing. At Kerr &… Read more
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Can Stamp Duty Be Added to a Mortgage?
Introduction When purchasing property, you can encounter various costs. Among these costs, Stamp Duty is a significant expense, often prompting the question: Can stamp duty be added to a mortgage? Understanding Stamp Duty Stamp duty, or Stamp Duty Land Tax (SDLT), is levied upon purchasing a property or land. The rate is based upon the… Read more
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Private Mortgage Lenders
Understanding Private Mortgage Lenders When seeking a mortgage, high street lenders might not always meet the unique financial needs of high-net-worth individuals for a multitude of reasons such as makeup of income. It may be that you require a larger mortgage (for example, £5,000,000) and although you have a significant income, it is from many… Read more
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When Will Your Mortgage Be Pre-Approved?
When Will Your Mortgage Be Pre-Approved? Key Steps and Timelines Obtaining a pre-approved mortgage is a crucial step in the home-buying process. It provides you with an understanding of how much you can borrow and reassures sellers of your financial capability. At Kerr & Watson, we specialise in guiding you through the mortgage process, ensuring… Read more
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How Long Does Mortgage Application Approval Take?
Mortgage Application Approval: What to Expect and How to Speed Up the Process Applying for a mortgage is a significant step in your home-buying journey, and one of the most common concerns is how long it takes to get a mortgage application approved. The timeline can vary depending on several factors, including the complexity of… Read more
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How Much Does £750,000 Pound Mortgage Cost?
What Are the Costs of a £750,000 Mortgage? Securing a £750,000 mortgage is a significant financial commitment, and understanding the costs involved is crucial. Whether you’re a high-net-worth individual, an investor, or simply curious about the expenses, this guide will provide an overview of what you can expect. At Kerr & Watson, we specialise in… Read more
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What Do Mortgage Lenders Look for on Bank Statements?
What Mortgage Lenders Check on Your Bank Statements Applying for a mortgage can be a detailed process, with lenders scrutinising various aspects of your financial situation to ensure you’re a reliable borrower. One of the key documents mortgage providers request during the application is your bank statements. These statements give lenders a clear view of… Read more
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What is a High-Net-Worth Mortgage?
High Net Worth Mortgages Explained As your financial status evolves, so do your mortgage needs. For those with substantial wealth, standard mortgage products may not adequately meet your requirements. This is where high net worth mortgages come into play. These specialist financial products are tailored specifically for individuals with considerable assets or high incomes, providing… Read more
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How Much Does £500,000 Pound Mortgage Cost?
What Are the Costs of a £500,000 Mortgage? Securing a £500,000 mortgage is a significant financial commitment, and understanding the costs involved is crucial. Whether you’re a high-net-worth individual, an investor, or simply curious about the expenses, this guide will provide an overview of what you can expect. At Kerr & Watson, we specialise in… Read more
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Mortgages for Lawyers
Mortgages for Lawyers, Solicitors & Barristers As a lawyer, solicitor or barrister, you’re likely juggling a demanding schedule, sometimes a more complex income structure, and long-term financial goals. Whether you’re employed at a firm, self-employed in chambers, or just starting your legal career, getting a mortgage may feel complicated. The good news? Your profession is… Read more
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Private Bank Mortgages
Private Bank Mortgages: Bespoke Solutions for High Net Worth Individuals Private bank mortgages can offer a bespoke solution for high net worth individuals whose financial situations are often too complex for traditional high street lenders. Whether you’re dealing with a substantial asset portfolio, multiple income streams, or looking to borrow a significant amount, a private… Read more
