Compare Mortgage Rates from Coutts Against the Market

Who are Coutts?

Founded in 1692, Coutts is a byword for prestige and exclusivity, famously known as "the Queen's bank." As a private bank, their focus is on managing the complex financial affairs of the very wealthy. Mortgages are just one part of a much broader wealth management relationship.

Instead of a list of mortgage products, Coutts offers a fully bespoke lending service. A dedicated private banker works with you to structure a tailored credit facility that aligns with your entire financial situation, from global investments and business assets to complex income streams.

Crucial Point: To be considered for a Coutts mortgage, you generally need to have at least £1 million in borrowings or investments with the bank.

What are they known for?

Coutts is known for providing large-scale, flexible finance for situations that are far beyond the scope of any high-street lender.

Truly Bespoke Lending

There are no "off-the-shelf" products. Every lending decision is made on a case-by-case basis. This allows them to:

• Structure multi-million-pound loans: For purchasing prime property in the UK and internationally.

• Lend against complex income: They understand and can lend against income from multiple businesses, trusts, foreign currency, and investment portfolios.

• Holistic Financial View: They don't just look at your salary. They assess your entire balance sheet, including assets like stocks, shares, and pensions, to create a lending solution. This is known as asset-based lending.

Unrivalled Service and Discretion

Clients deal with a dedicated private banker who understands their unique circumstances intimately. This relationship-led approach ensures a seamless, discreet, and highly personal service that is tailored to the needs of HNW individuals.

Pros and Cons of a Coutts Mortgage

Pros:

• Can Handle Extreme Complexity: They are experts at structuring loans for the most complex international and business-related income streams.

• Large Loan Specialists: Routinely handle mortgages for many millions of pounds.

• Highly Personal Service: You get a dedicated private banker who manages your entire financial relationship.

• Flexibility: The terms of the loan (interest-only, capital repayment, etc.) can be structured to suit your specific financial strategy.

Cons:

• Extremely Exclusive: You must meet their stringent high-net-worth criteria to even be considered as a client.

• Not for Regular Borrowers: This is not a service for the general public under any circumstances.

• Bespoke Costs: The pricing, fees, and interest rates are all tailored and are not comparable to the deals you see on the high street.

• Relationship, Not a Transaction: The process of becoming a client can be lengthy and involves a deep dive into your financial life.

How to become a client

You don't "apply" for a mortgage at Coutts in the traditional sense. You start a relationship.

The first step is to contact Coutts to inquire about becoming a client. They will have an initial discussion with you to determine if you meet their eligibility criteria. If you are accepted as a client, your private banker will then work with you to structure any borrowing you might need.

The best way to get an introduction to Coutts is through a mortgage broker who has an existing relationship with them, like us. We often refer clients to them and help them get accepted into the bank’s exclusive inner circle, and can help negotiate bespoke deals.

Get started here for a free, no-obligation chat with a broker who has a deep working relationship with Coutts and can help you access their products and services.