Large Loans | Larger Loan Applications | Accord Mortgages
Large Loans Dedicated Service
When dealing with a £1 million to £5 million case, you need a service that provides tailored lending support.
That’s why our Large Loans dedicated service connects you with our most experienced underwriters, offering bespoke assessments for more complex applications.
Underwriter contact within 4 hours
Fast-track
DIP result
Tailored lending support for complex cases
Home & Remortgage loans:
- £5m up to 75% LTV
- £2.6m up to 85% LTV
Offset mortgage products available
Interest only options up to 75% LTV
- 85% part and part
What brokers say about our service
“We’ve worked with Accord’s Large Loan Team on a number of cases, and the support has been consistently excellent. The underwriters are knowledgeable, approachable, and always focused on finding the right solution.”
Alastair Ellis, London & Country
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 - £2.6m | 85% |
| House/flat | £50k - £1m | 90% |
| House/flat (excl. Northern Ireland) | £50k - £750k | 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 £2.6m | 85% |
| House/flat | Up to £1m | 90% |
| House (excl. Northern Ireland) | Up to £750k | 95% |
*Some products also have a minimum loan requirement, please check this before applying.
Before submitting a case, check that you have the right income evidence for your client and their earnings can be used within our affordability assessment.
Employed Income
- Basic salaried income - 100% of gross basic salary from permanent employment is accepted.
- Bonus income - Up to 60% of sustainable bonus accepted, capped at basic salary.
- Commission income - Up to 60% of sustainable commission accepted, capped at basic salary.
Self-Employed
- Self-employed income - Sustainable net profits from sole traders, partnerships and LLPs may be considered.
- Ltd Company director income: We can accept either salary and dividends, or salary and share of net profits. Share of net profits is only accepted where the director owns more than 50% of the business, subject to underwriting and sustainability checks.
Other Income
- Rental income (personal) – Considered where income is regular and sustainable.
- Investment income - Considered where income is regular and sustainable.
- Pension and retirement income - Accepted including lending into and through retirement, subject to policy limits.
Foreign Income
- Accord Mortgages does not offer any loans which would be deemed as foreign currency.
- This means that no foreign income or assets can be used for affordability or repayment strategy purposes.
Please refer to our full list of income criteria to confirm whether your client is eligible before submitting a case.
For Interest Only lending, first check that your client has an acceptable repayment strategy and meets our LTV limits and evidence requirements.
- Up to 75% LTV can be on Interest Only; total borrowing can go up to 85% LTV when combined with capital repayment.
- Interest only is not available when capital raising for debt consolidation.
- There is no minimum income requirement; standard affordability still applies.
- You must provide evidence of your client(s)’ repayment strategy during the application process, and this evidence must be provided again at least once during the mortgage term.
Accepted repayment strategies:
- Existing endowments: must cover 100% of the Interest Only amount and be in place for at least 12 months.
- Savings and general investments must cover 100% of the interest-only balance, be held in pound sterling (£), and must have been in place for at least 12 months.
- Up to 60% of the sale value of the mortgaged property, with total borrowing capped at 85% LTV, no more than 75% on an interest‑only basis, and minimum equity of £250,000 (£300,000 in London).
- Up to 75% of the equity in another UK property, owned solely by the client.
- Up to 60% of the tax‑free lump sum from a defined contribution or SIPP pension (15% of the total pot), or up to 90% of the tax‑free lump sum from a defined benefit pension.
Please refer to our full list of Interest Only criteria to confirm whether your client is eligible before submitting a case.
Product finder
Affordability Calculator
Our Affordability Calculator will give you a quick estimate of how much your client could borrow.
Affordability calculator