- Approximately 75% loan-to-value on each purchase, subject to lender criteria
- Interest-only structure with no early repayment charges
- Joint borrower, sole proprietor private bank solution
Helping the next generation onto the property ladder often requires more than simply gifting a deposit. A high-net-worth couple approached Enness Global with a long-term plan to purchase three London residential properties for their children while preserving family liquidity and maintaining an efficient wealth structure. Each property was valued at approximately £1.5 million, and the parents wanted to use their financial strength to support the borrowing without taking ownership of the properties themselves.
Delivering that strategy required careful lender selection. The children had little or no income, while the parents already held a substantial property portfolio with existing borrowing in place. The family's income was also derived from multiple sources, meaning a conventional affordability assessment was unlikely to reflect their overall financial position or long-term repayment capacity.
Flexibility was equally important. The clients wanted interest-only borrowing at a relatively high loan-to-value ratio, combined with the freedom to repay or restructure the facilities in the future without early repayment charges. A joint borrower, sole proprietor arrangement provided the appropriate balance, allowing the parents to support affordability while legal ownership remained with the children.
Enness introduced a specialist private bank experienced in multi-generational wealth planning and complex high-net-worth lending. Facilities of approximately 75% loan-to-value were approved across all three purchases, subject to lender criteria, with each mortgage structured on an interest-only basis over a 10-year term.
To simplify the acquisition programme, the lender agreed an overall borrowing capacity at the initial credit approval stage. As each purchase completed, only updated documentation was required, allowing the family to progress each transaction efficiently without restarting the underwriting process.
The completed structure gave the family a practical framework for acquiring multiple properties while preserving liquidity and supporting longer-term succession planning. It also illustrates how private banking solutions can provide flexibility that extends beyond traditional residential mortgage criteria.
Important Information
Interest-only mortgages require a suitable repayment strategy, as monthly payments cover interest only and do not reduce the original loan balance. Borrowers remain responsible for repaying the capital at the end of the mortgage term.
Disclaimer
This case study is provided for illustrative purposes only and does not constitute financial, legal, tax or investment advice. Enness Global acts as a broker and not as a lender. All lending is subject to status, underwriting, valuation and lender approval. Loan terms, pricing and facility structures vary depending on individual circumstances, asset profile and market conditions. Outcomes are not indicative of future results. Independent professional advice should be sought before entering into any financial arrangement.
Your home or property may be repossessed if you do not keep up repayments on your mortgage or any debt secured against it.
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.
