£11.5 Million Refinancing on a Prime Surrey Residence

• Loan Amount: Circa £11.5 million
• Property Value: Circa £18.5 million
• Loan to Value: Approximately 62%
• Repayment: Interest-only
• Purpose: Refinance existing debt and release circa £1 million of liquidity

Enness Global was approached by a high-net-worth individual, an entrepreneur and former chief executive of a global company, seeking to refinance substantial borrowing secured against a prime residence on a prestigious private estate in Surrey. The client also wished to release additional liquidity while maintaining flexibility across a diversified portfolio that included property and private company interests. Although regular income was modest relative to overall wealth, a forthcoming liquidity event from the sale of an international property provided an additional source of anticipated capital.

The transaction required a lender capable of taking a holistic view of the client’s balance sheet rather than relying solely on conventional income-based affordability measures. The scale of the borrowing, combined with the client’s less traditional income profile and diversified asset holdings, meant that a specialist private banking approach was more appropriate than a standard residential mortgage.

Enness Global worked with specialist private lenders to structure a facility around the client’s overall net worth, existing equity and anticipated liquidity. A circa £11.5 million interest-only facility was arranged against the property, valued at approximately £18.5 million, representing around 62% loan-to-value. An interest reserve was incorporated into the structure to provide additional security for the lender while reducing the requirement for ongoing monthly servicing.

The refinance enabled the client to consolidate existing borrowing while releasing approximately £1 million of additional liquidity for personal use. The structure also provided a clear repayment strategy linked to the anticipated international property sale, while maintaining flexibility across the client’s wider asset portfolio.

The resulting facility provided stability and greater control over the client’s financing arrangements without requiring the immediate disposal or restructuring of other assets. The interest-only structure also supported cash-flow management while the client progressed towards the anticipated liquidity event.

This case demonstrates Enness Global’s ability to structure substantial refinancing facilities for high-net-worth clients whose wealth may be significant but whose income profile does not fit conventional affordability models. By assessing the wider balance sheet, existing equity and anticipated liquidity together, Enness Global can identify bespoke private banking solutions for complex refinancing requirements.

Important:
With an interest-only mortgage, monthly payments cover interest only and do not reduce the capital balance. The original loan amount remains outstanding and must be repaid at the end of the mortgage term through a suitable repayment strategy. Any anticipated future liquidity event or asset sale may be subject to market conditions and is not guaranteed.

Disclaimer:
This case study is for illustrative purposes only and does not constitute financial, legal, tax or investment advice. Finance is subject to status, underwriting, asset suitability and lender criteria. Terms and outcomes will vary depending on individual circumstances and are not guaranteed.

Risk Warning:
Your property may be repossessed if you do not keep up repayments on your mortgage or other borrowing secured against it. Property values can fall as well as rise, and there is no guarantee that a future sale or refinancing will be available on the anticipated terms.