High net worth clients often find that high street lenders do not offer the right level of expertise to cater for their needs. Our premium clients may have complex income, multiple income streams, foreign currency income or have a number of assets that need to be considered to leverage the application, all of which are outside the comfort zone of most lenders.
We specialise in securing large loans of £1,000,000 and above from our unrestricted panel of private banks and specialist lenders. Our expert brokers based in Oxford, take the time to understand your requirements in order to provide a bespoke financial solution. We will ensure an entirely smooth process, approached specifically in line with your objectives.
If you are based in Oxfordshire and are looking for a million pound mortgage or above then contact either Michelle Niziol or Thomas Honour on firstname.lastname@example.org, they offer a completely bespoke service where they will visit you, at a convenient place to meet and go through your requirements.
Michelle founded IMS in 2008 after being a mortgage broker for many years, her passion to provide her customers with a completely exceptional service led her to become one of the UK’s most popular mortgage brokers, winning top UK broker by Barclays bank.
Her passion for property led her to build her own successful property portfolio, this then drove her to want to build portfolios for customers and provide a completely bespoke property solution.
Michelle has built her group of companies to provide any possible property service, from lettings to estate agency to property refurbishment, development and finance.
Michelle now specialises in providing bespoke solutions for investment clients, she purchases investment properties by providing a property search package, then develops the properties and through her lettings company, provides the most lucrative letting solution.
She is recognised as one of the UK’s current property and finance specialists with columns in many industry magazines including ‘What Mortgage’ and is a regular commentator for The Daily Mail, The Telegraph, Financial Times, The Guardian and Oxford Mail.
In June 2017 she took on the role of Vice President of ARLA http://www.arla.co.uk/ this is a 3 year term, in the 3rd year she will become the President, she is looking forward to making a difference in the lettings industry, an industry she has always been so passionate about.
Most recently Michelle was the headline keynote speaker at the NEC in Birmingham, speaking about how to become a successful business entrepreneur.
Thomas, is the managing director of the IMS group, with years of industry experience and expertise in the high net worth market he has built up contacts with a number of private banks and specialist lenders.
Having worked with high net worth clients in financial services since 2006, his specialities range from million pound mortgages and complex income streams to development and self-build finance.
Case Study 1
Our high net worth client lived and worked in Milan, he is a foreign national with complex income in excess of 2 million per annum, paid in Euros. He wanted to raise funds to purchase an exclusive £1.75m property in Oxford which would be occupied by the client when visiting his employers UK office.
Unfortunately, no high street lender would offer him a mortgage because he was a foreign national and non UK resident, therefore was not a UK tax payer, and he was also being paid in a foreign currency.
Through our market knowledge and expertise, we delivered a bespoke finance solution based on the client requirements with one of our international lenders. Due to the established relationship with the bank, they were happy to assess the application on an individual basis, the client’s residency, tax status and currency of income were not an issue and a mortgage of £1.2m was secured.
Case Study 2
Our wealthy client, had recently purchased a property in South Kensington for £4.25m. The client intended to the live in the property as his main residence but first wanted to complete a substantial redevelopment of the property including installing a basement.
Traditional lenders refused to lend to the client as the property would not remain habitable during the significant buildings works and therefore is deemed by many lenders as unsuitable security for a mortgage.
Using our connections with a private bank, we were able to agree a £1.2m mortgage at a highly competitive rate which included a flexible draw down facility enabling the client to draw down the funds in stages to cover the build costs as they fell due and limit the interest charged.
Fee – IMS are free charging brokers. Our typical charge for our Premium Mortgage Solutions advice is 1% of the agreed loan amount subject to a minimum loan amount of £500,000. This is paid in two stages, with £995 payable on application and the remainder on completion of the mortgage.