Key Details:
- Client Type: UK-based commercial property landlord
- Property Value: Circa £5.25M
- Loan Amount: Circa £1.25M
- Loan-to-Value (LTV): 24%
A UK commercial property landlord sought to refinance a commercial property valued at around £5.25 million. The client needed to replace an existing small mortgage and access additional capital to fund the construction of a new warehouse on adjoining land. They also required funding to purchase a nearby site available at a competitive price, with a strict completion window. Speed and flexibility were essential.
This transaction was highly time sensitive. The client had to start construction quickly and complete the adjacent land purchase within a tight timeframe to secure the discounted price. Traditional commercial lenders often have lengthy underwriting processes, creating potential delays. Additionally, the financing structure needed to allow flexibility for a future equity event expected within three years, when the client planned to fully repay the loan.
Enness arranged a circa £1.25M variable-rate commercial mortgage within 24 hours of the initial enquiry. Terms were agreed on an attractive interest rate over five years, with no early repayment charges, a critical requirement given the client’s future repayment plan. Documentation was submitted quickly, and the lender issued an offer subject to valuation within a week. The entire refinancing and land acquisition process was completed in under six weeks, meeting both construction and purchase deadlines.
Enness specialises in time-sensitive commercial finance, delivering speed and flexibility where traditional lenders cannot. With access to over 500 UK and international lenders, we secure rapid agreements in principle and bespoke structures tailored to both immediate and long-term objectives. For commercial landlords looking to refinance or expand, Enness provides fast, reliable, and flexible solutions, even under the tightest deadlines.
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.
