- Client Type: UK-based high-net-worth individual
- Property Value: Circa £7.5M
- Loan Amount: Circa £3.25M
- Loan-to-Value (LTV): 43%
A UK high-net-worth individual approached Enness to secure funding for the purchase of a new main residence. The property was acquired at an attractive price, but the transaction needed to be completed within four weeks. The client required a flexible, short-to-medium-term funding solution that avoided unnecessary tax exposure and did not tie them into a long-term mortgage with early repayment charges.
The client was self-employed, and withdrawing funds from their business would have created a substantial tax liability. Although they owned several unencumbered properties, traditional lenders focused heavily on personal income, which was modest despite the underlying business being highly profitable. The client was also relocating and wanted flexibility, ruling out conventional five-year residential mortgages with early repayment penalties.
Enness arranged a circa £3.25M residential bridging facility over a three-year term. The lender accepted a combination of the newly acquired property and the client’s unencumbered properties as security. This structure allowed the purchase to be completed within the four-week deadline without requiring personal cash input beyond legal and valuation costs, while providing flexibility for future refinancing or sale.
This case highlights Enness’s ability to deliver fast, bespoke bridging finance for clients with complex financial profiles. With access to over 500 lenders, we identified a specialist provider willing to take a holistic view of the client’s overall wealth rather than relying solely on income metrics. By structuring a flexible and tax-efficient facility, Enness enabled the client to complete their purchase on time while preserving long-term options.
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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.
