Key Details:
- Client: Senior partner at a US professional services firm
- Challenge: Structuring a high loan-to-value facility across two prime properties while accommodating cross-border income and preserving liquidity
- Loan Amount: Circa £10 million cross-collateralised private banking facility
A senior partner at a US professional services firm approached Enness Global seeking finance to acquire an off-market country house valued at just under £8 million while leveraging an existing prime London residence valued at approximately £4 million. The client had substantial global earnings and a strong overall balance sheet but required a structure that would preserve liquidity for planned refurbishment works and wider investment opportunities.
The transaction presented several complexities. The purchase was time-sensitive, requiring a lender capable of progressing the transaction efficiently. In addition, the client earned predominantly in US dollars while seeking sterling borrowing, introducing foreign currency considerations. The proposed structure also involved cross-collateralisation across two prime residential properties, requiring careful consideration of future flexibility, release provisions and long-term refinancing options. High loan-to-value borrowing on a second home further reduced the pool of suitable lenders.
Enness Global introduced a private bank experienced in complex cross-border lending. A bespoke facility of approximately £10 million was structured across both properties, representing approximately 85–90% loan-to-value against a combined property value of around £12 million. The facility incorporated a combination of interest-only and capital repayment elements together with flexible release provisions and no early repayment charges, supporting the client's liquidity objectives while aligning with their longer-term financial strategy.
This case demonstrates Enness Global's experience in arranging complex private banking facilities for internationally mobile high-net-worth clients where multiple properties, foreign currency income and higher leverage require specialist structuring beyond conventional lending criteria.
Disclaimer
This case study is provided for illustrative purposes only and does not constitute financial, legal, tax or investment advice. The client scenario has been anonymised and certain details have been generalised to protect confidentiality. Finance is subject to status, underwriting, valuation, asset suitability and lender criteria. Loan amounts, loan-to-value ratios and lending structures are indicative only and may vary depending on individual circumstances and market conditions. Enness Global acts as a credit broker and not as a lender.
Risk Warning
Your property may be repossessed if you do not keep up repayments on your mortgage or any debt secured against it.
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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.
