Possibly, but the outcome depends on the lender, the loan-to-value, and how your assets support affordability and risk. A common misconception is that a high net worth automatically means a lender will approve a mortgage regardless of income. In reality, lenders still need to be confident the mortgage is affordable and sustainable. High assets can strengthen the case, but lenders want to see a credible servicing position.
Routes that may work include:
- Using investment income: if your portfolio generates dividends or interest, some lenders can treat this as income (often with conservative assumptions).
- Lower borrowing / lower LTV: a larger deposit reduces risk and often improves lender choice and terms.
- Private bank or specialist underwriting: some lenders can assess the wider financial picture more holistically than mainstream models.
- Structured withdrawals: in some cases, a lender may consider planned drawdown from liquid assets, but this will be tested carefully.
You should also expect detailed source of funds and source of wealth checks. If assets are held in complex structures or overseas, underwriting can take longer and require more documentation. The best approach is to present a clear summary of assets, liabilities, and a realistic plan for servicing the mortgage through different market conditions.
Hearthstone Mortgages (trading name of Hearthstone Advisory Limited)
Tel: 01753 463391 | Email: enquiries@hearthstonemortgages.co.uk
Registered office: Europa House, Marsham Way, Gerrards Cross, Buckinghamshire, SL9 8BQ
Company No: 10563329 | FCA FRN: 945282
Warnings:
THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME OR PROPERTY.
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
We are a credit broker, not a lender. We may receive commissions that will vary depending on the lender, product or other permissible factors. The nature of any commission model will be confirmed to you before you proceed.