HNW solutions –
a Q&A with Chris Thompson

Meet Chris Thompson, MHBS National Acquisitions Lead for the South East and London, who has years of experience in providing high net worth solutions to our intermediaries.

MHBS are able to help these specific clients and are proud to offer a range of mortgages which can be tailored to suit a range of purchase or remortgage scenarios.

Here Chris answers some of the most frequently asked questions, providing insight into how MHBS can assist your high net worth clients.

Why do MHBS offer high net worth solutions?

We understand that certain clients with higher earnings or higher asset valuation, may require a more specialised mortgage solution than your high street lender is able to provide.

We believe that these clients require quality products, with a high level of service in order to accommodate their individual circumstances. Therefore, we offer a range of solutions specifically for this segment of the market.

What does a high net worth solution look like at MHBS?

We provide a simple criteria for applicants 18 years old to 85 years old, with up to 4 applicants for properties in England and Wales. We also offer a complex criteria to accommodate those clients with a more detailed scenario and bespoke solutions to those that don’t fit into either of these.

With loans up to £5m on a 75% LTV, we are able to offer competitive solutions for the high net worth market.

What is unique about a high net worth mortgage solution with MHBS?

We believe our mortgage solutions are that extra bit special as by offering direct access to a dedicated underwriter, ensures the needs of your client are met.

Our flexible approach takes into account individual circumstances and considers lifestyle factors that other lenders may not.

Our high net worth mortgage solutions are specifically designed to deal with more complex situations including:

• • Expat scenarios
  • Mixed income contributions
  • Bespoke properties such as annexes and outbuildings
  • Grade II listed buildings
  • AirBNB and holiday lets

How can a high net worth mortgage assist certain borrower’s?

Our high net worth mortgage solutions are aimed at the higher earner, who may have difficulty finding a mortgage solution to meet their needs.

Borrowers who are looking to upsize or downsize, require assistance with inheritance tax planning, buying a second home or looking at a buy to let or holiday let, may all be interested in a high net worth mortgage solutions from us.

Can a high net worth mortgage solution be used in a bridging situation? 

Yes – our high net worth range also includes solutions for those clients who may be completing on a house purchase and require the extra flexibility of a bridging option.

We can provide solutions to cover the buy before sell situation, re-bridging or for development purposes, offering a five year roll up with up to 70% LTV.

What can I expect from MHBS?

You can expect excellent service with cases proceeding from application to offer efficiently and smoothly. We are able to give that human touch to every case to ensure your clients’ individual circumstances are considered and their needs are met. Our considerable knowledge and experience allows us to work closely with our intermediaries to ensure the right solution is provided.

We’re really proud to have won a 2022 Feefo Gold Trusted Service Award in recognition of our outstanding level of service.  See a recent comment we received on a high net worth solution:

“As a Financial Adviser for 10+ years I have never experienced such impeccable service. I had a complex case to put through, and the team at Market Harborough were exceptional and made the whole process feel as easy as a straight forward First Time Buyer application. I will be using Market Harborough again in the future, without a doubt, and I urge every adviser to consider the same.”

David Sudwarts Arigal Consulting

You can check out all the comments we’ve received from intermediaries at feefo.com.

How can I find out more?

You can always take a look at our recent high net worth case studies on our news page where we were able to help some high net worth clients looking to remortgage their residential property and in another, where some high net worth clients were looking to remortgage their grade II listed home.

If you’d like to know more about our high net worth mortgage solutions, please get in touch with me, Chris Thompson on 07885933595 or email cthompson@mhbs.co.uk.

I look forward to hearing from you!

Article details are correct as at 18 October 2022. For our latest product information and criteria please talk to your Specialist Lending Manager.