When seeking high-value property finance, private banks often require custody of a client’s assets under management (AUM), also known as funds under management. This allows the bank to use the market value of securities as collateral for a high-value loan.
This practice is common among European and American private banks and enhances the chances of securing financing. With increased lender confidence, Premier Gold Investments Ltd is better positioned to negotiate a tailored facility with more competitive loan rates.
Some private banks exclusively offer property finance to clients who can place assets under management, unlocking new and often more favorable lending opportunities.
For more information on securing a high-value mortgage using AUM, our private client advisers are ready to assist.