- Client: UK nationals, retired senior executives from public institutions
- Property Value: Circa £6,000,000
- Loan Amount: Circa £5,500,000
A professional adviser introduced Enness to UK clients who had previously held senior public-sector roles and were approaching retirement. The clients were looking to acquire what they intended to be their final primary residence in Prime London, while retaining ownership of an existing super-prime mews property in London. Although the clients had a strong balance sheet, they required a solution that allowed them to move quickly to meet exchange deadlines without triggering unnecessary tax liabilities or disrupting long-term asset planning.
The transaction was time-sensitive, taking place shortly before the Christmas period, when lender availability and processing timelines are often constrained. In addition, the clients already had a lifetime mortgage in place on their existing property, secured at an attractive rate during the Covid period, which they were reluctant to disturb. They were also keen to avoid liquidating a substantial listed share portfolio, as doing so would have resulted in a significant capital gains tax exposure and reduced long-term investment flexibility.
Enness arranged a Lombard-style credit facility secured against the clients’ listed shares, allowing them to fund the Prime London purchase without selling assets or restructuring their existing mortgage. The facility was structured to provide flexibility, competitive pricing relative to prevailing mortgage rates, and efficient access to capital. Leveraging long-standing private bank relationships, Enness coordinated onboarding and account setup efficiently, enabling drawdown within a commercially appropriate timeframe, subject to client circumstances and lender requirements.
This case demonstrates the value of specialist relationships and experience in complex, high-value transactions. While indicative terms can often be sourced quickly, delivering a practical solution within tight timelines requires lender trust, structuring expertise, and proactive coordination. Enness’s ability to align lender appetite with client priorities ensured the transaction progressed smoothly, providing a bespoke funding solution that balanced speed, tax efficiency, and long-term wealth planning considerations.
Important Information
This case study is illustrative and anonymised. It does not represent advice or a guaranteed outcome. Lombard and securities-backed lending arrangements are subject to lender criteria, asset suitability, and client circumstances. Enness does not provide tax or investment advice. Clients should seek independent legal, tax, and financial advice before entering into any arrangement.
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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.
