Largemortgageloans.com has surpassed the £6 billion mark in mortgage enquiries in three years.
The mortgage broker which specialises in arranging mortgages of £500,000 and above, has noticed an increasing demand for high end mortgages. With a year-on-year increase in enquiries of 33%, Largemortgageloans.com has achieved an additional £2 billion in enquiries each year since 2012.
The firm has built up relationships with over 85 banks around the world and sourcing lenders in over 50 countries, customers have access to a large portfolio of services including overseas mortgages, large bridging loans, million plus and private bank mortgages.
“We want to educate all those individuals looking to borrow £500,000 or more on the best mortgage rates available to suit their needs,” said Paul Welch, founder and CEO of Largemortgageloans.com.
“Many lenders, in fact, offer more attractive solutions for new customers. For example for a 0.5% saving, one could save over £125,000 on a £5 million mortgage over a five year period – it’s extremely worth considering your options. With the cost of a mortgage reducing, it’s also an incredible time to consider property investment; however it’s challenging to know where best to source funding, particularly at a high end.
“We’re keen to continually push boundaries to offer the most tailored solutions possible so that it’s easier to navigate the minefield that are mortgage options. This is even more imperative when borrowing larger amounts, and consequently the need to continually innovate and mould solutions is vital to enable the UK to benefit.”