- Client Type: UK-based high-net-worth individual
- Property Value: Circa £7.5 million
- Loan Amount: Circa £3.25 million
- Loan-to-Value (LTV): Approximately 43%
A UK-based high-net-worth individual approached Enness seeking funding for the purchase of a new main residence. The property was acquired at an attractive price, but the transaction needed to complete within four weeks. The client required a flexible short- to medium-term funding solution that avoided unnecessary liquidity pressures and did not involve a long-term mortgage commitment with early repayment charges.
The client was self-employed, and accessing funds from their business could have created additional tax considerations. Although the client owned several unencumbered properties, traditional lenders placed significant emphasis on personal income, which was modest relative to the client’s overall wealth and business profitability.
The client was also relocating and required flexibility around their longer-term property arrangements, making a conventional long-term residential mortgage structure less suitable for their immediate requirements.
Enness arranged a circa £3.25 million 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, providing a structure aligned with the client’s wider asset position.
This structure enabled the purchase to proceed within the required timeframe without requiring significant personal cash input beyond associated legal and valuation costs, while maintaining flexibility for a future refinance or sale, subject to the agreed exit strategy and lender criteria.
This case demonstrates how specialist bridging finance can support high-net-worth clients with complex financial profiles where traditional lending structures may not align with the transaction requirements. By considering the client’s wider asset position and structuring a flexible facility, Enness supported the acquisition while preserving longer-term financing 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.
