Key Details:
- Client: Experienced property investor
- Property: Three six-unit HMOs in prime London, total portfolio circa £3,750,000
- Solution: £1,900,000 long-term Buy-to-Let refinance, interest-only, accommodating multi-SPV trust structures
The client is an experienced property investor managing multiple HMO assets in London, with ownership held through SPVs within a trust. The portfolio comprised three six-unit HMOs valued at circa £3,750,000, generating strong rental performance via Local Housing Allowance and registered provider leases. The client wanted to refinance short-term bridging facilities and release additional capital to support portfolio growth.
Challenges included one SPV in insolvency, multi-SPV trust structures, and the need for independent valuations, structured share transfers, and clear lease documentation. Enness leveraged specialist lenders experienced with HMO portfolios and complex ownership arrangements, structuring a long-term interest-only Buy-to-Let facility while coordinating valuations and lease agreements.
The outcome allowed the client to refinance the portfolio, replace short-term bridging debt, release capital for acquisitions, and preserve the trust and SPV ownership structure for operational and succession planning.
Disclaimer:
This case study is for illustrative purposes only. Finance for HMO portfolios and complex ownership structures is subject to status, underwriting, and lender criteria. Terms and outcomes will vary based on individual circumstances and are not guaranteed.
Information contained in our case studies is for market and illustrative purposes only. In some cases, these may be made up of multiple cases and are for illustrative purposes only.
Some case studies are made up of enquiries that have come into the business, not all business completes, and the posting of a case study does not represent a completed piece of business.
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.
