Deposit requirements for high value mortgages vary by lender, loan size, property type, and your overall profile. While some lenders can offer higher LTVs, maximum LTV often steps down as property value and loan amount increase. That means many high value purchases naturally involve larger deposits, even when the borrower could technically borrow more.
Your deposit source also matters as much as the amount. Lenders commonly require clear evidence of:
- Source of funds: how the deposit money has been built up or obtained.
- Source of wealth: where large sums originate (business income, investments, inheritance, property sale).
- Funds trail: statements showing the movement of money, especially for large transfers or overseas funds.
Deposits can come from savings, investments, equity from sale, or gifts (subject to lender rules). For high net worth cases, deposits linked to overseas accounts, trusts, or business structures may require additional documentation and can extend timelines.
Many HNW borrowers choose a lower LTV than necessary to improve lender choice, simplify underwriting, and potentially secure better terms. The right deposit strategy depends on your goals: lowest monthly payment, best rate, preserving liquidity, or maintaining flexibility for future investments.
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.