High Net Worth London Buyer Secures £2.8m Interest-Only Mortgage

Buying a multi-million-pound home in London is rarely straightforward — especially when income doesn’t fit neatly into a mainstream lender’s box. At Strive, we regularly help high net worth clients with complex financial backgrounds secure bespoke lending solutions. This case study highlights how we arranged a £2.8m interest-only mortgage for a London entrepreneur with multiple businesses and income streams.

The Challenge

Our client had built a successful portfolio of businesses, but like many entrepreneurs, the first couple of years were far from smooth. The companies had experienced a rocky start, with uneven profitability before things really took off. By the time he came to us, recent trading showed strong results, but with less than two years of clean accounts, most high street lenders wouldn’t touch the case.

On top of this, he already owned a property with a substantial mortgage attached. His long-term plan was to sell that property and reduce overall borrowing, but he didn’t want to sell before securing his dream London home.

High street banks viewed this as too much risk: multiple income streams, limited trading history, and existing borrowing. What he needed was a lender who could take a bespoke, common-sense approach.

The Solution

We knew this case needed a private bank — a lender willing to look beyond rigid criteria and take a holistic view of wealth, assets, and future earning potential.

After carefully presenting the client’s situation, including:

• A strong recent year of business trading.
• Diversified income from multiple ventures.
• A clear plan to sell his existing property to reduce debt.
• Substantial net worth and assets held outside the businesses.

We secured a £2.8m interest-only mortgage facility.

The structure gave him the flexibility he wanted:

• Interest-only repayments to keep monthly outgoings efficient.
• The ability to sell his other property later and reduce the balance.
• Competitive terms, despite his short trading history, thanks to the private bank’s bespoke underwriting.

The Outcome

The client successfully purchased his London property without needing to rush the sale of his existing home. He avoided punitive specialist lender rates and instead secured a tailored solution from a private bank that recognised his long-term financial strength.

Most importantly, the deal gave him the breathing space to focus on his businesses, manage cash flow sensibly, and plan the eventual sale of his other property on his own terms.

Why Strive?

At Strive, we specialise in arranging mortgages for high net worth clients with complex financial situations. From multiple income streams to private bank lending, we know how to position cases in the best possible light.

We’ve helped countless clients in London and beyond secure property finance when high street lenders said no. By working with private banks, we can often arrange:

• High-value mortgages tailored to your needs.
• Interest-only and flexible repayment options.
• Consideration of short trading histories or unconventional income.

👉 Learn more about our approach:

• Private Bank Mortgages
• Mortgages for High Net Worth Clients

Case Study Takeaway

This case is a perfect example of why mainstream mortgage criteria don’t always work for entrepreneurs and high net worth clients. Where high street banks saw risk, Strive saw potential — and by working with the right private bank, we helped our client achieve his goals without compromise.

👉 If you’re a business owner, entrepreneur, or high-net-worth individual facing similar challenges, get in touch with Strive today. We’ll help you secure a bespoke mortgage solution tailored to your unique circumstances.