Private bank mortgages

Private banks offer flexible, individually negotiated high net worth mortgages, but they are not always the most competitive option. Some require assets under management (AUM) as a lending condition, which affects true cost. Comparing private banks against mainstream large loan desks and specialist lenders is essential.

Some private banks require borrowers to place assets under management (AUM) with the bank as a condition of a mortgage, while others lend with no AUM requirement. The size and terms of any AUM condition vary by bank and should be compared alongside the interest rate.

A private bank mortgage is relationship lending for wealthy clients, assessing wider wealth and often linked to assets held with the bank, offering flexibility on structure and income that standard lenders may not.

Yes, private banks are active lenders on mansion mortgages, particularly for loans above high-street limits or for borrowers with complex wealth. Private banks can consider investment portfolios, business assets and international income, and some may ask for a wider banking or investment relationship as part of the lending arrangement.

Each private bank sets its own minimum loan size for a private bank mortgage, so no single entry threshold applies across the market. Private banks generally focus on larger loans than high street lenders, and some private banks also set minimum income or net worth requirements alongside the minimum loan size.