- Circa £775,000 residential bridging refinance
- Property valued at approximately £1.2 million
- Offshore trust and multi-jurisdictional ownership structure
Enness Global was approached by an international trust company representing an overseas client seeking to refinance an existing private bank facility secured against a residential property in London. The existing loan had reached maturity, creating urgency to complete a new structure quickly. The property was valued at approximately £1.2 million, with the refinance requirement standing at circa £775,000.
The case involved a complex international ownership structure, with the ultimate beneficial owner based in the Middle East and the property held through layered offshore entities within a multi-jurisdictional trust structureThe lender needed to be comfortable with a higher loan-to-value ratio and a structure without personal guarantees from beneficiaries. Additionally, certain legal firms were unable to onboard the client due to jurisdictional restrictions, requiring careful coordination of legal representation.
Leveraging our specialist bridging network, Enness sourced a lender experienced in complex offshore transactions. A valuation was arranged and returned within approximately one week, while a trusted legal partner was introduced to manage enhanced due diligence and onboarding requirements. This ensured the transaction progressed efficiently despite the multi-jurisdictional considerations.
Enness Global’s extensive relationships across bridging lenders, private banks, and specialist legal advisers are critical when navigating transactions involving offshore structures and international clients. By coordinating lenders, valuation teams, and legal professionals quickly and effectively, we can deliver solutions in time-sensitive situations where conventional lenders may struggle to proceed.
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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.
