Arbuthnot Latham Mortgages

Arbuthnot Latham lends residential mortgages from £500,000, typically at 60% loan to value or below, over a maximum term of 15 years, and expects new private banking clients to bring at least £750,000 in borrowing, deposits or investments. There is no published minimum income and no requirement to move investments to the bank, because a mortgage of £750,000 on its own meets the relationship threshold. It is a conservative lender by private bank standards on gearing and term, and a flexible one on income and residency. We introduce clients to Arbuthnot Latham's private banking team and this page sets out what the bank publishes, what we have seen in practice, and where a high street lender or a different private bank will beat it.

See how Arbuthnot Latham compares with Coutts, Investec, Handelsbanken and the other UK private banks on our private bank mortgage lenders comparison.

What changed this quarter. Reviewed 10 October 2026. One change found. Arbuthnot Banking Group's half-year results to 30 June 2026, published on 21 July 2026, show customer loans up 9% in the half to £2.45 billion and customer deposits of £4.78 billion. The private and commercial banking loan book grew £40.9 million despite increased competition, so appetite is open. Bank Rate was held at 3.75% on 30 July and 17 September 2026. The published reversion rate of 7%, the 15-year maximum term and the arrangement fee scale, from £5,000 on loans under £1 million, are unchanged.

What are the Arbuthnot Latham mortgage lending criteria?

Arbuthnot Latham is unusual among private banks in publishing a target market statement for its regulated mortgages, which is where most of the figures below come from. The bank advises only on its own products, so a broker's role is to introduce and package the case rather than to select from a product sheet. The table is drawn from the bank's published material and the cases we have introduced.

At the top of the wealth range, C. Hoare & Co expects customers to hold £10 million or more and to borrow at least £1 million.

Lender criteria are set by Arbuthnot Latham, change without notice, and are not binding until confirmed in writing. Figures correct at the time of publication and checked against the bank's published product summary and website. Always confirm current terms with us before quoting a client or making an offer.

What mortgage products does Arbuthnot Latham offer?

The residential range is short. Fixed rate and tracker rate mortgages over two, three and five years, in sterling only, on capital and interest or interest-only, secured on UK residential property. Products can be switched during the term, and the bank writes to clients six months before a product ends with its current range. The tracker follows the Bank of England Base Rate at a set margin, which is worth noting because several private banks track their own internally managed rate instead.

Beyond the mortgage itself, the products that bring clients to Arbuthnot Latham are the ones built around the relationship. The revolving credit facility lets a client draw, repay and redraw up to an agreed limit, which suits a business owner between dividend dates or a partner waiting on a distribution. Borrowing against investments is available for clients who hold a portfolio with the bank and want liquidity without selling. Currency mortgages in US dollars and euros, secured on UK property, are the product we see used by clients paid in dollars who would rather not convert their whole income at a fixed point. Its commercial buy to let team writes portfolio and HMO lending for landlords who want a bank rather than a specialist lender behind them.

What are Arbuthnot Latham mortgage rates?

Arbuthnot Latham does not publish a rate card. Pricing is quoted through the private banker once the case has been discussed, and it reflects the loan size, the gearing and what else the client brings to the bank. What the bank does publish is the rate basis: fixed rates over two, three and five years, tracker rates set at a margin above the Bank of England Base Rate, and a reversion rate that applies once a product ends, published at 7% at the time of writing. The Bank of England base rate is 3.75%, held at the 30 July and 17 September 2026 meetings, with the next decision due on 5 November 2026.

Fees are published and they are not small. The arrangement fee is £5,000 on loans under £1 million, £10,000 from £1 million, £20,000 from £2 million, £30,000 from £4 million and £50,000 from £10 million, with valuation and legal costs on top and a switching fee each time a product is renewed. On a £900,000 loan at 60% LTV with clean PAYE income, that fee structure alone means a high street large-loan lender will usually be cheaper over five years, and we say so before a client goes near the application. Arbuthnot Latham's own target market statement excludes clients who are price-led, and that is an honest description of where the bank sits.

Who is an Arbuthnot Latham mortgage right for?

The bank describes its ideal client as someone who wants to deal with a person rather than a self-serve model and whose financial needs are more complex than a payslip. In our experience that covers three groups. Owners and partners with irregular income: commission, dividends, trust payments and profit shares that a high street affordability model either haircuts or ignores. International clients: non-UK residents buying a UK home, or UK residents earning in dollars or euros, where the bank will assess income and wealth held outside the UK and structure the purchase through UK vehicles where that helps. And clients with a lower LTV who want the wider relationship: a revolving facility, lending against a portfolio, treasury services for currency exposure, and a banker who knows the whole picture.

The client we introduce to Arbuthnot Latham most often is a business owner or senior partner in the South West or London, borrowing £750,000 to £2 million at 50% to 60% LTV, whose income arrives in lumps rather than monthly. Arbuthnot Latham has offices in Bristol and Exeter as well as London and Manchester, and we have found that the regional bankers know the local market and its professional practices well. My blunt view is that Arbuthnot Latham is the wrong bank for anyone who needs 75% LTV or a 25-year term, however strong the income, because those two limits are written into its target market and the bank does not stretch them.

Do you need to be an Arbuthnot Latham client to get a mortgage?

You do not need an existing account or investments with the bank, but you will become a private banking client as part of the mortgage. The published entry point for new clients is £750,000 in total across borrowing, deposits and investments, and a mortgage at that level meets it on its own. A client borrowing £600,000 would need to bring around £150,000 in deposits or investments alongside. In practice the bank expects the current account and the day-to-day banking to follow the mortgage, and clients who want the loan without the relationship are better served elsewhere.

How does the Arbuthnot Latham application process work?

Arbuthnot Latham does not run a broker portal or publish intermediary criteria for its residential mortgages in the way Handelsbanken or Investec do. The bank's published distribution route is advice from its own regulated mortgage adviser on its own product range, so our role is to introduce the client to the private banking team, agree the shape of the case with the banker before anything is submitted, and assemble the pack. Once I understand the structure of a client's income and assets my job is to present it so the banker and the credit team can see how affordability, repayment strategy and the wider relationship fit together, and that preparation is the difference between a three-week case and a six-week one.

Expect to provide two to three years of accounts or tax returns, evidence of each income stream, a schedule of assets and liabilities, source of wealth and source of deposit, and for currency cases the basis of the income and where it is held. The bank issues a European Standardised Information Sheet, then a conditional offer and a binding offer. There is no cooling-off period once the binding offer is signed, and we make sure clients understand that before they sign.

How does Arbuthnot Latham compare with other private banks?

Arbuthnot Latham has the lowest published entry point of the private banks we place with, at £500,000 against Investec at £1 million and Coutts at £1.5 million through a broker. It publishes no minimum income, where Investec requires £300,000, and it will lend to non-UK residents, where Investec will not. Its trade-off is gearing and term: 60% LTV as the norm and 15 years as the ceiling, against Investec at up to 85% and Coutts with interest-only to 35 years. Handelsbanken goes further the other way, with no minimum loan at all, terms to 35 years and LTVs to 85% on its published matrix, but it requires UK residency and lends through its branch network rather than a central private banking team. The full comparison is on our UK private bank mortgage lenders compared page, with the Coutts mortgages and Investec mortgages positions on their own pages.

For the wider market, including the specialist lenders that sit between the high street and the private banks, see our guide to high net worth mortgages and the large mortgages hub.

Frequently asked questions

Rates and lender criteria are subject to change. Figures correct at time of publication. Always speak to your broker for up-to-date rates and lending criteria on your specific case.