- Loan Amount: Over £9.5M
- Property Value: £13M
- Purpose: Time-Sensitive Acquisition
Enness recently arranged a complex bridging facility to assist a client with the acquisition of a prestigious £13M UK estate. The property was held within a complicated corporate structure involving four separate international shareholders, creating legal and logistical considerations throughout the transaction.
The borrower required more than £9.5M to complete the purchase within a tight timeframe. Traditional financing options were considered unsuitable for the required timescale given the cross-border shareholder involvement and layered ownership structure, making it important to identify a lender able to consider the transaction and progress it within the required timeframe.
Enness identified a lender able to consider the international elements of the transaction and the underlying ownership structure. A short-term bridging facility was arranged to provide the funding required to proceed with the acquisition.
The transaction required close coordination between stakeholders across multiple jurisdictions, with legal and structuring considerations addressed alongside the financing. Enness worked with the relevant parties throughout the process to progress the transaction towards completion within the required timeframe.
The facility enabled the client to acquire the estate as planned despite the complexities surrounding its corporate ownership and the tight completion deadline. The case demonstrates how specialist bridging finance can provide a funding route where conventional lending may not accommodate complex ownership structures or time-sensitive acquisitions.
Enness has experience arranging bespoke finance for high-net-worth clients, including complex property transactions involving international ownership and multiple jurisdictions. Its access to more than 500 lenders allows specialist funding options to be explored across a broad range of circumstances.
If you are facing a time-sensitive property acquisition or require finance for a transaction involving a complex ownership structure, explore fast bridging finance or speak to a mortgage specialist about your requirements.
Important: Bridging finance is short-term borrowing and requires a credible and achievable repayment or exit strategy. Where repayment depends on refinancing, the sale of the secured property or another future source of funds, delays, changes in property values or market conditions may affect the anticipated exit and the overall cost of borrowing.
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.
