Mortgage Reserve Account


Unlike a conventional mortgage, this option provides you with a single borrowing facility, which you can use however you wish as part of your overall wealth management strategy.

A borrowing limit is agreed at the outset, and you are then free to draw down upon this amount at any time, for example to buy a second home, or to fund an investment opportunity. Conversely, when you have surplus funds, our Mortgage Reserve Account allows you to make reductions to your loan. These may be drawn upon again at any time in the future, subject to your overall borrowing limit not being exceeded.

In addition, unlike many other mortgage products of this type, you may take a proportion of your borrowing at a fixed rate.

Suitable for:

All normal mortgage purposes, including remortgaging and acquiring a second home. Please note, however, that your main UK residence must be used as security. The exceptional flexibility of our Mortgage Reserve Account makes it especially well suited to clients with high but irregular incomes. Please note this product may be unsuitable for certain purposes and you are advised to consult your tax specialist.

Other features:

The Coutts Mortgage Reserve Account works alongside the Coutts Current Account, enabling a sweep facility to be set up, to help manage your finances. In addition, you will be provided with a cheque book for your outgoings.

Please click here for the latest mortgage rates.

Our Mortgage Reserve Account is just one mortgage solution offered by Coutts. Whatever your mortgage requirements are, your private banker will be happy to discuss your needs.

For further information on mortgages – find out more.

To apply for a Coutts mortgage, you need to be a client of Coutts & Co in the UK and aged over 18. If you are already a client, please speak with your private banker.

If you wish to become a client, please complete our enquiry form and we will be in touch.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE