Our client is a senior professional with a high base salary supported by annual bonuses and long-term incentive income. While overall earnings were strong, income fluctuated year to year.
The challenge was that retail lenders discounted a substantial portion of variable income, limiting borrowing potential and restricting repayment structure options. The client required flexibility to manage cashflow while maintaining existing investment commitments.
Million Plus Private Finance structured the application using a detailed income analysis, incorporating historical bonus performance and forward-looking earning potential. The case was presented to a private bank that assessed the client’s full financial profile rather than applying rigid affordability formulas.
The outcome was an £1.85 million interest-only private bank mortgage with a bespoke repayment structure. The solution delivered reduced monthly commitments, repayment flexibility, and alignment with the client’s long-term financial planning objectives.
