Case Study: 85% LTV Mortgage to Support First Home Purchase for Son of City Partner

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

Client Profile

A Senior Partner at a global consultancy firm sought to assist his son in purchasing a first property following graduation and the start of his professional career. The family identified a two-bedroom flat in North West London as an ideal first home.

The Challenge

The client’s son required a high loan-to-value mortgage with manageable repayments. Given current market conditions and the son’s limited earnings history, securing funding through traditional channels proved challenging. The father wished to support the transaction using his own income, which consisted of annual profit distributions — a variable remuneration model requiring specialist underwriting.

The Solution

A lending partner structured an 85% LTV mortgage on a 24-year term. The client was named as a co-borrower, allowing his income to support affordability. The mortgage was structured on an interest-only basis for the first three years, transitioning to a fully amortising repayment schedule thereafter. This allowed for low initial outgoings, aligning with the son’s early career earnings and long-term affordability trajectory.

Result

The purchase completed smoothly, enabling the next generation to step onto the property ladder with parental support structured intelligently. This case demonstrates how Private Office lending partners can facilitate family-led property strategies, even when income profiles are variable or non-traditional.

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.