Case Study: £7m Mortgage for Investment MD with Low Base Salary and Complex USD Income

Explore how lending partners of Fitch & Fitch Private Office have supported high-net-worth clients with bespoke mortgage finance.

Client Profile

A senior executive at a global investment firm sought to acquire a substantial family residence in Prime West London. The client, a non-UK national, was compensated through a blend of fixed salary, performance bonuses, carried interest, and stock incentives, much of which was paid in US Dollars and subject to international tax considerations.

The Challenge

The client required a high loan-to-value mortgage with flexible repayment terms to align with expected liquidity events. His base salary represented a small fraction of total income, and the remaining remuneration was variable, partially deferred, and potentially subject to cross-border tax liabilities. A lender was needed who could assess the full earnings profile and accommodate a future repayment strategy built around income peaks.

The Solution

Following a comprehensive evaluation of the client’s global income and stock position, a lending partner structured an 85% LTV mortgage comprising two components: 

A £6.4 million interest-only facility over a 20-year term
A £865,000 fully amortising loan over the same period

The structure allowed the client to preserve liquidity post-completion and enabled ad hoc capital reductions funded by carry and bonus income. The flexible terms aligned with both cashflow needs and long-term wealth objectives.

Result

The transaction was completed efficiently, allowing the client to secure their chosen residence while maintaining a strong liquidity position. This case exemplifies how Private Office lending partners support high-value clients with complex compensation structures and cross-border tax considerations.

Disclaimer

Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

The case studies featured represent real scenarios supported by our Private Office lending partners. Some details have been amended to preserve client confidentiality.

Mortgages are subject to status, eligibility, and lending criteria. Residential finance solutions are available for properties in England and Wales and are primarily available to UK residents.