£17 million commercial mortgage for foreign investors

17th December 2017

Chris Whitney

£17 million commercial mortgage for foreign investors
Chris Whitney

Chris Whitney

As 2017 draws to a close, Enness Commercial has completed on a large commercial finance facility. The £17million facility, taken out by two foreign investors, has been our largest commercial deal this year.

The portfolio in question consisted of a diverse range of assets, including a student accommodation block, a large government building, an office block and a jobcentre. To complicate the case even further, these buildings were spread across London, Bradford, Scotland and Wales.

Of the four properties, the clients were looking to refinance three of the securities and purchase the fourth. However, the tenants of the fourth property—a government department—had publicly announced they were potentially going to utilise the break-clause in their contract, meaning the tenancy of the unit was unsecure.

The assets were also owned in a complicated manner, being held in Special Purpose Vehicles across three jurisdictions—China, Guernsey and the British Virgin Islands.

The clients behind the deal were two Asian investors, neither of whom spend a great deal of time in the UK. This stands as a testament to the fact foreign investors still have a healthy interest in UK commercial property.


To find a solution for this case, I needed to approach a lender with a flexible attitude and the ability to encompass the full range of assets. Fortunately, we have an excellent relationship with just such a lender.

This lender’s flexible approach made them the ideal match for this case, considering the mixed nature of the portfolio. Some lenders might be happy to work with the student accommodation block in Scotland, but not the property in Wales—this lender was able to consider the entire portfolio, enabling us to reach this solution.

This was an intensely complicated and challenging case, for which I was delighted to find a successful resolution. This loan represents the ongoing viability of commercial property in the UK; foreign investors are certainly not being put off by Brexit.

Call us +44 (0) 203 758 9393 or submit your details and a broker will get in touch.

Enness Limited needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.

The Global High  Net Worth  Mortgage Guide

The Global High Net Worth Mortgage Guide

Are you considering buying a high-value international property? 

Our handy Global High Net Worth Mortgage Guide explores the world of international mortgage finance in prime property markets around the world. 

Whatever your property financing requirements, we have a specialist team in place dedicated to finding the best and most efficient solution. 

Let us guide you through the complex world of mortgages.  

Download Pdf