Large Loans | Accord Mortgages
Large Loans
Key information
Max loan £2m up to 85% LTV
(New build max £1m)
Max loan £750k up to 90% LTV
(Subject to availability)
Common sense lending and ability to utilise complex income
Expertise with complex and unusual cases
How to get started
What you need to know
Min/max loan term
- The maximum loan term is 40 years
- The minimum loan term is 5 years
- The percentage of the mortgage term occurring after age 70 must be less than 25% of the overall mortgage term.
This applies to new business and remortgaging
For product transfers, first check the term remaining on the mortgage. Make sure it qualifies for the products available and the terms allowed on those products.
Loan size and LTV limits for new business
The following loan limits are for new business, excluding new build, which have their own limits.
| Property type | Min/max loan size* | Max LTV |
|---|---|---|
| House/flat | £30k - £5m | 75% |
| House/flat | £50k - £2m | 85% |
| House/flat | £50k - £750k | 90% |
| House/flat (excl. Northern Ireland) | £50k - £600k | 95% |
| 5K Deposit Mortgage** House/flat (excl. Northern Ireland) | £95k - £495k | 99% |
*Some products also have a minimum loan requirement, please check this before applying.
**5K Deposit Mortgages (up to 99% LTV):
- First time buyers only (one customer must be a FTB and neither can have any background properties)
- Capital and interest only
- Advised only
- Maximum age of oldest applicant 70 at end of term
- Minimum purchase price £100K
- Maximum purchase price £500K
- Not eligible for Joint borrower sole proprietor (JBSP), Cascade score or Boost LTI
Loan size and LTV limits for new builds
New build properties are subject to the following maximum loan and LTV limits:
| Property type | Loan size* | Max LTV |
|---|---|---|
| House/flat | Up to £5m | 75% |
| House/flat | Up to £1m | 85% |
| House/flat | Up to £750k | 90% |
| Deposit unlock** House (excl. Northern Ireland) | Up to £600k | 95% |
*Some products also have a minimum loan requirement, please check this before applying.
*Deposit unlock, exclusive to new build:
- Available to first time buyers and home movers in England, Wales and Scotland
- 5% deposit must come from the clients own funds
- Our standard lending and affordability criteria applies
- Deposit unlocked letter required
Product finder
Affordability Calculator
Our Affordability Calculator will give you a quick estimate of how much your client could borrow.
Affordability calculator
Please choose from the following options
So we can direct you to the right part of our website, please select from the login options below:
NEW BUSINESS - ACCORD MSO
To create an illustration, submit a DIP, upload documents or to track an application for new customers:
ONLINE PRODUCT TRANSFERS
Switch existing Accord clients to a new deal - create an illustration, then apply and accept a product transfer online: