Key Details:
- Client: UK nationals relocating to Switzerland
- Challenge: Arranging cross-border finance for a Swiss primary residence while establishing a long-term private banking relationship
- Loan Type: Swiss residential mortgage for a property valued in excess of CHF 2 million
Two UK nationals approached Enness Global while planning their retirement in Switzerland. They were seeking finance to purchase a new primary residence with a purchase price in excess of CHF 2 million and wanted a lending solution that complemented their wider wealth planning objectives as they relocated internationally.
The transaction presented several complexities. As part of their move, the clients intended to transfer a substantial proportion of their liquid assets to Switzerland and establish a long-term private banking relationship. The mortgage therefore needed to be structured alongside their wider banking arrangements, while taking account of cross-border residency considerations, long-term affordability and the clients' overall financial position.
Enness Global introduced the clients to a Swiss private bank experienced in working with internationally relocating high-net-worth individuals. A residential mortgage was arranged alongside a broader private banking relationship, with assets placed under management as part of the overall banking strategy, subject to lender requirements. Enness also introduced trusted Swiss legal, tax and relocation specialists to support the wider relocation process.
The clients successfully completed the purchase of their Swiss residence with an integrated financing and private banking structure aligned with their long-term retirement and wealth planning objectives. This case demonstrates how specialist cross-border mortgage structuring can support internationally relocating clients whose financing requirements extend beyond a conventional residential mortgage.
Regulatory Notice
Finance secured against overseas property, including residential property in Switzerland, may fall outside UK FCA regulation. Regulatory protections available for UK-regulated mortgage products may not apply.
Disclaimer
This case study is provided for illustrative purposes only and does not constitute financial, legal, tax, investment or currency 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, jurisdiction and lender criteria. Loan amounts, lending structures and outcomes are indicative only and may vary depending on individual circumstances. Enness Global acts as a credit broker and not as a lender.
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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.
