- Client Type: UK-based high-net-worth individual
- Property Value: Circa £7.5M
- Loan Amount: Circa £3.25M
- Loan-to-Value (LTV): 43%
A UK-based high-net-worth individual approached Enness seeking funding for the purchase of a new main residence. The property was acquired at an attractive price, but the transaction needed to complete within four weeks. The client required a flexible short-to-medium-term funding solution that avoided unnecessary liquidity pressures and did not involve long-term mortgage commitments with early repayment charges.
The client was self-employed, and accessing funds from their business would have created additional tax considerations. Although the client owned several unencumbered properties, traditional lenders placed significant emphasis on personal income, which was modest relative to overall wealth and business profitability.
The client was also relocating and required flexibility, making conventional longer-term residential mortgage structures less suitable.
Enness arranged a circa £3.25M residential bridging facility over a three-year term. The lender accepted a combination of the newly acquired property and the client’s unencumbered properties as security.
This structure enabled the purchase to complete within the required timeframe without requiring significant personal cash input beyond legal and valuation costs, while maintaining flexibility for future refinancing or sale.
This case study demonstrates how specialist bridging finance solutions can support clients with complex financial profiles where traditional lending structures may not align with transaction requirements. By structuring a flexible facility, Enness supported the client in completing the purchase while preserving longer-term optionality.
Important:
Bridging finance is designed as a short-term funding solution and requires a clearly defined repayment or exit strategy, such as refinancing or sale of the secured asset. Delays to the planned exit strategy may increase costs or affect repayment options.
Disclaimer:
This case study is for illustrative purposes only and does not constitute financial, legal, or tax advice. Finance is subject to status, underwriting, asset suitability, and lender criteria.
Risk Warning:
Your property may be repossessed if you do not keep up repayments on your mortgage or other borrowing secured against it.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
Property values can fall as well as rise, and you may not get back the amount originally invested. Property investments can be illiquid and may take time to sell. Where borrowing is used, your property may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.
