Case Study: 70% LTV Mortgage for Investment Banker Purchasing Split-Titled Property

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 prestigious US investment bank was seeking to purchase a new family home in London. The property included two self-contained flats: one for owner-occupation and one intended for rental, with the goal of merging both under a single freehold post-completion.

The Challenge

The client’s income structure was complex, consisting of base salary, supplementary allowances, cash bonuses, vested restricted stock units (RSUs), and long-term incentive plans (LTIPs). A portion of the compensation was paid in US Dollars, requiring adjustments for currency volatility and discretionary timing.

The property purchase involved two separate titles — a freehold (for the main residence) and a leasehold (for the buy-to-let flat above). The client’s intention was to collapse the leasehold post-completion, creating one unified freehold title. To fund the purchase, they planned to sell their existing main residence and two additional investment properties.

The Solution

One of our lending partners structured a tailored facility at 70% loan-to-value, split into two components: 

Part 1: An owner-occupied mortgage secured against the main residence
Part 2: A buy-to-let mortgage secured against the investment flat

The loan was arranged on an interest-only basis for a 15-year term, offering flexibility around liquidity and repayment strategy. The lender conducted detailed affordability analysis based on the client’s blended income, ensuring serviceability despite variable and foreign-denominated elements. The facility also allowed for the leasehold collapse and title consolidation, in line with the client’s long-term objectives.

Result

The client completed the transaction efficiently and was able to proceed with unifying the property under a single freehold. This case demonstrates how Private Office lending partners can accommodate non-standard property types, discretionary and foreign income, and cross-use mortgage structuring within a single facility.

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.