Afin Bank cuts rates by up to 1.66% on High-Net-Worth mortgages
23 February 2026
Groundbreaking product has been designed for complex “asset rich” cases
Afin Bank has cut interest rates on its groundbreaking High-Net-Worth Mortgage by up to 1.66% across the entire range.
The bank’s High-Net-Worth Mortgage was created for “asset rich, income-light” borrowers that do not meet standard income-based criteria. Instead, affordability is based on a customer’s net assets, including liquid assets such as pensions and investments, and illiquid assets such as property portfolios.
The specialist lender will also consider a mix of both liquid and illiquid assets, along with any income, to provide flexible and pragmatic lending to customers with complex financial circumstances and significant net assets, such as business owners, entrepreneurs and retirees.
New rates for Afin HNW Mortgage are:
Up to 65% LTV
- Two-year Fixed Rate - 5.34%
- Five-year Fixed Rate - 5.49%
- Two-year Tracker - Bank Base Rate +1.58%
66% to 70% LTV
- Two-year Fixed Rate - 5.44%
- Five-year Fixed Rate - 5.59%
- Two-year Tracker - Bank Base Rate +1.63%
71% to 75% LTV
- Two-year Fixed Rate - 5.59%
- Five-year Fixed Rate - 5.63%
- Two-year Tracker - Bank Base Rate +1.73%*
All mortgages have a product fee of £1,495, which can be added to the loan, and are available for terms from two years to 40 years. Early Redemption Charges (ERCs) apply to the fixed rate deals, while the tracker mortgage has no ERCs.
Tippie Malgwi, Head of High-Net-Worth and Diaspora Banking for Afin, said:
“These cuts make our High-Net-Worth mortgage a competitive choice for complex cases where the borrower has significant net assets. And that doesn’t just mean “rich” people – they could be a hardworking business owner who takes a modest income, but has invested their money in a pension or property.
“This kind of mortgage has usually only been available from private banks who also manage the customer’s wealth. Afin is different – our loans are individually underwritten and our lending decisions are based on a deep understanding of a customer’s complete financial circumstances, not just their income. We consider a borrower’s asset base and provide them with a discreet, personal service to help them get the mortgage they need.”
Afin Bank is a specialist lender for customers who are underserved by mainstream lenders because they don’t fit the standardised tick box approach to mortgages, such as high-net-worth borrowers, the self-employed or people with non-standard incomes because they have second jobs or are contracting, as well as foreign nationals working in the UK on a valid visa.
For more information about Afin Bank visit www.afinbank.com follow it on LinkedIn and @AfinBankUK on X and Instagram.
