- Approximately 60% loan-to-value refinance
- Circa 65% loan-to-value purchase
- Expat income and complex property accepted
A UK expatriate client based overseas approached Enness Global seeking to restructure their UK property portfolio while acquiring a new residential property. The client earns in GBP through a UK-linked income structure and wanted to retain their existing home while releasing equity to fund the deposit and refurbishment of a new property.
The target property was valued at approximately £1.65 million and included significant acreage. The asset also carried title restrictions and was being used for mixed-use purposes, which limited the available lender pool. The client intended to complete refurbishment works before making the property their main UK residence.
Several structuring challenges were present. Many lenders are cautious about large land holdings, mixed-use properties, and title restrictions. In addition, expatriate residency required careful structuring. A lender capable of assessing multiple income sources was essential.
Enness arranged a dual-lender strategy. The existing property was refinanced at approximately 60% loan-to-value on a part interest-only and part capital repayment basis, providing liquidity while supporting long-term sustainability. The new purchase was financed separately at circa 65% loan-to-value on an interest-only structure, subject to lender criteria.
Both lenders adopted a pragmatic and commercially minded approach to the client’s expatriate status, complex income, and the property’s unique characteristics. This enabled the client to unlock equity, retain their existing property, and proceed with the acquisition and refurbishment strategy.
This case demonstrates Enness Global’s expertise in structuring expat mortgage solutions for complex residential purchases, supporting internationally based clients with tailored property finance solutions.
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. Borrowing against property carries risk, and failure to meet repayment obligations may put secured assets, including property, at risk.
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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.
