- Client Type: International family office with a global property portfolio
- Property Value: Circa £12M
- Loan Amount: Circa £7.8M
- Loan-to-Value (LTV): 65%
Enness was approached by a representative acting on behalf of an international client with a substantial global real estate portfolio. The client was acquiring a hotel in prime UK, valued at around £12 million, as part of a long-term UK growth strategy. They required a commercial mortgage at 65% loan-to-value on an interest-only basis. Crucially, the financing needed to be fully Shariah-compliant, aligning with Islamic investment principles and structural requirements.
This transaction involved several layers of complexity. The ultimate beneficial owners were unable to provide personal guarantees, which ruled out many mainstream and specialist lenders. In addition, the offshore ownership structure and international nature of the borrowers further narrowed the available lending options. The requirement for a 65% interest-only facility, combined with strict Shariah compliance, meant that conventional commercial mortgage routes were unsuitable, and a specialist solution was required.
Enness successfully secured a Shariah-compliant commercial mortgage at 65% loan-to-value. The facility was structured on an interest-only basis, above base rate. No personal guarantees were required. The solution met all religious and structural requirements while providing the leverage and flexibility needed to complete the hotel acquisition on competitive terms, despite the complex borrower profile.
Enness has extensive experience in structuring Shariah-compliant commercial finance and navigating complex cross-border ownership structures. With access to over 500 UK and international lenders, we deliver bespoke solutions where mainstream banks are unable to assist. For international family offices and ultra-high-net-worth investors, we combine global
expertise with tailored financing structures that respect religious requirements while achieving competitive pricing and robust terms.
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.
