Key Details:
- Client: Experienced property investor
- Challenge: Refinancing a complex HMO portfolio held through multiple SPVs within a trust while replacing short-term bridging finance
- Loan Amount: Circa £1.9 million long-term Buy-to-Let refinance on an interest-only basis
An experienced property investor approached Enness Global seeking to refinance a portfolio of three six-unit HMOs in prime London with a combined value of approximately £3.75 million. The properties were held through multiple special purpose vehicles (SPVs) within a trust structure, and the client wanted to replace existing short-term bridging finance while releasing additional capital to support future acquisitions.
The transaction involved several complexities. The ownership structure included multiple SPVs held within a trust, with one SPV in insolvency, requiring careful coordination throughout the lending process. Independent valuations, structured share transfers, and clear lease documentation were also required before the refinance could proceed. These factors significantly reduced the pool of lenders able to support the transaction.
Leveraging relationships with specialist lenders experienced in HMO portfolios and complex ownership structures, Enness Global structured a circa £1.9 million long-term Buy-to-Let mortgage on an interest-only basis. The proposed facility was designed to refinance the existing bridging debt while preserving the client's trust and SPV ownership structure and supporting future portfolio growth.
This case demonstrates Enness Global's experience in arranging specialist Buy-to-Let finance for complex property portfolios involving trusts, multiple SPVs, and HMO assets where conventional lending solutions may be limited.
Disclaimer
This case study is provided for illustrative purposes only and does not constitute financial, legal, tax or investment 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 and lender criteria. Loan amounts, loan-to-value ratios and lending structures are indicative only and may vary depending on individual circumstances and market conditions. Enness Global acts as a credit broker and not as a lender.
Risk Warning
Your property may be repossessed if you do not keep up repayments on your mortgage or any debt secured against it.
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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.
