Key Details:
- Client: Recently retired high-net-worth individual
- Challenge: Refinancing a listed multi-title country estate with limited taxable income
- Loan Amount: Circa £1.5 million specialist facility over a 36-month term
A recently retired high-net-worth individual approached Enness Global seeking to refinance an existing facility secured against a listed country estate valued at more than £5 million. The property was held across multiple legal titles, and the client required circa £1.5 million over a three-year term to refinance the existing borrowing while creating additional liquidity ahead of an anticipated future capital event.
The transaction presented several complexities. Although the borrowing represented less than 30% loan-to-value, the client had deliberately structured their finances to generate minimal taxable income, making affordability difficult to demonstrate under conventional lending models. The listed status of the estate and the multiple legal titles further reduced the number of lenders willing to consider the transaction.
Enness introduced a specialist lender experienced in working with high-net-worth borrowers and complex property assets. A 36-month interest-only facility with rolled interest was structured, incorporating no early repayment charges and flexibility around the anticipated exit strategy. The refinancing was carefully coordinated to support repayment of the existing facility while helping minimise execution risk throughout the transaction.
This case demonstrates how specialist property finance can provide refinancing solutions for high-net-worth clients with complex assets and non-traditional income profiles, where conventional lending criteria may not be appropriate.
Disclaimer
This case study is provided for illustrative purposes only and does not constitute financial, legal, tax or investment advice. The client scenario has been anonymised and certain details have been generalised to protect confidentiality. Finance is subject to status, underwriting, valuation, asset suitability and lender criteria. Loan amounts, loan-to-value ratios and lending structures are indicative only and may vary depending on individual circumstances and market conditions. Enness Global acts as a credit broker and not as a lender.
Risk Warning
Your property may be repossessed if you do not keep up repayments on your mortgage or any debt secured against it.
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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.
