Case Study: Self-Build Mortgage for City MD with Deferred Stock and Complex 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 leading investment bank sought to fund the purchase of a £1.5 million plot and the full development of a new countryside home in the Home Counties. The project formed part of a wider scheme, with the client taking a bespoke approach to the internal specification and finishes of the property.

The Challenge

The client required development funding of £1.95 million, in addition to the land purchase, to complete a ground-up self-build. Their income was highly complex, comprising a foreign-denominated salary, bonus, retained stock, and discretionary RSUs with varying vesting schedules over 3–5 years. Their wider asset base included an existing property, cash holdings, a SIPP, ISA, and private equity investments — all of which required review as part of the affordability and structuring process.

The bespoke nature of the build, coupled with income complexity and private equity capital commitments, made this a highly specialised case requiring a lender able to combine development and residential finance capabilities.

The Solution

A lending partner structured the loan in two parts: 

Part 1 was secured against the land at purchase
Part 2 funded 100% of the development costs, up to a 67% loan-to-gross-development-value (LTGDV)

A 12% cash contingency was also held by the lender to cover unforeseen costs, providing flexibility during the build. Upon completion, the facility converted into a traditional residential mortgage, offering the client long-term peace of mind and repayment clarity.

The lender conducted a detailed analysis of the client’s income streams, stock position, and liquidity, ensuring the structure aligned with both near-term project requirements and ongoing financial commitments.

Result

The client was able to proceed confidently with their dream self-build, retaining ample post-purchase liquidity and asset strength. The structure enabled them to meet both their lifestyle goals and private capital commitments — a clear demonstration of how Private Office lending partners support complex wealth scenarios with tailored property finance.

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.