Case Study: 80% LTV Mortgage for Magic Circle Partner Securing New Home Pre-Sale

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

Client Profile

A Senior Equity Partner at a Magic Circle law firm was looking to finance the purchase of a new main residence in Prime Central London. The client had identified the ideal property but had not yet sold his existing home.

The Challenge

The client needed to refinance his current primary residence to release equity and simultaneously secure an 80% loan-to-value mortgage for the new purchase. With plans to sell his current home within two years, the client required a facility that avoided Early Repayment Charges during that window, while still offering certainty on the remaining borrowing.

The Solution

By working with a Private Office lending partner capable of bespoke structuring, they arranged the loan in two parts: 

Part One: An interest-only facility on a variable lifetime tracker with no Early Repayment Charges, secured against the current residence. This would be repaid upon its eventual sale.
Part Two: An interest-only mortgage with a 15-year term and a 10-year fixed rate, secured against the new property.

This structure gave the client the flexibility to manage liquidity across two high-value assets while locking in longer-term certainty on the new mortgage.

Result

The client successfully acquired his desired new residence ahead of the sale of his current home, maintaining financial flexibility and avoiding early repayment penalties. This case highlights how Private Office lending partners provide intelligent solutions tailored to the evolving needs of high-net-worth legal professionals.

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.