
What was considered a large loan 20 years ago will get you an average family home in large swathes of the South East now – if you’re lucky.
And there are plenty of other pockets up and down the UK where a larger home can easily cost over £500,000, and sometimes leave you with little change from £1m.
The Halifax Intermediaries Premier team looks after all large loan borrowers, from those just tipping over that £500,000 mark to those requiring £5m mortgages. They might be in very different financial positions, but they all share the requirement for bespoke service and fantastic support from their mortgage lender.
That’s exactly what they get from the Premier team, which is renowned for its expertise in the nuances that come with large loan applications, such as understanding complex income structures, for example.
But we don’t rest on our laurels, especially in changing and challenging economic conditions. In the last few years, we’ve been working hard to understand what your large loan clients need from a lender and adapting our proposition to meet those needs.
We’ve done that through talking to brokers up and down the country, as well as listening to our large loan borrowers. And we’ve heard loud and clear that affordability issues affect all of your clients, including those who are more financially resilient.
That’s why we’ve made, and continue to make, changes that make it easier for them to access mortgage finance, improve their affordability and boost choice.