---
title: "£1 Million Pound House Mortgage (Residential)"
description: "A £1 million pound house mortgage is a residential mortgage used to buy or remortgage a main home valued high enough to support borrowing of £1,000,000 or more. At this loan size, many lenders move the application into a large loan or premier underwriting process, where affordability is assessed manually rather than by automated scoring alone."
url: "https://mortgagelane.com/guides/million-pound-mortgages/1-million-pound-house-mortgage-residential"
site: "Mortgage Lane"
collection: "guides"
date: "2026-08-18"
author: "Seren Norton"
category: "Mortgage guide"
reviewed: "2026-08-18"
reading_time: "2 min"
byline: "Seren Norton"
author_credentials: "CeMAP · FCA authorised firm"
language: "en-GB"
robots: "index,follow"
---

# £1 Million Pound House Mortgage (Residential)

A £1 million pound house mortgage is a residential mortgage used to buy or remortgage a main home valued high enough to support borrowing of £1,000,000 or more. At this loan size, many lenders move the application into a large loan or premier underwriting process, where affordability is assessed manually rather than by automated scoring alone.

A £1 million pound house mortgage is a residential mortgage used to buy or remortgage a main home valued high enough to support borrowing of £1,000,000 or more. At this loan size, many lenders move the application into a large loan or premier underwriting process, where affordability is assessed manually rather than by automated scoring alone.

[High net worth mortgage](https://mortgagelane.com/definitions?term=high-net-worth-mortgage)

Specialist lending

A mortgage arranged for a borrower with substantial income or assets, often involving an individual assessment of their financial position.

[Read the full definition of High net worth mortgage](https://mortgagelane.com/definitions?term=high-net-worth-mortgage)

Back to overview

[Million Pound Mortgages](https://mortgagelane.com/specialists/million-pound-mortgages)

Related definitions

[Mortgage](https://mortgagelane.com/definitions#def-mortgage)

·

[Residential mortgage](https://mortgagelane.com/definitions#def-residential-mortgage)

## £1 Million Pound House Mortgage (Residential)

A £1 million pound house mortgage is a residential mortgage used to buy or remortgage a main home valued high enough to support borrowing of £1,000,000 or more. At this loan size, many lenders move the application into a large loan or premier underwriting process, where affordability is assessed manually rather than by automated scoring alone.

We work with lenders who take a pragmatic view of £1 million house mortgages, provided the income evidence is presented correctly. Our panel includes lenders who will consider:

- Employed applicants with significant bonus, commission, or vested share income
- Self-employed applicants using net profit or salary and dividends
- Interest only or part and part structures with a credible repayment strategy
- Day-rate contractors and partners in professional practices
- Applicants with complex or multi-source income

If you are trying to get a 1 million pound mortgage on a residential property, speak to us first. We will identify which lenders’ large loan policies fit your income and how much of your variable income each lender will use.

## Talk it through with an adviser

Speak to a Mortgage Lane adviser about your circumstances and the next steps.

Published: 2026-08-18

Last reviewed: 2026-08-18

Source: https://mortgagelane.com/guides/million-pound-mortgages/1-million-pound-house-mortgage-residential