At Enness, we regularly work with clients whose assets fall outside conventional lending parameters. This recent case involved two ultra-high-net-worth individuals who had developed a unique eco-conscious residence valued at approximately £11.5 million.
The property represented their dream residence and a significant net worth. At this time in their life, the clients sought to reduce financial pressure and enjoy a more flexible lifestyle. However, a high-interest mortgage still tied to the property was standing in the way of their next chapter. They sought to release equity from the property without the burden of regular repayments, but traditional refinancing options were off the table. The home's non-standard construction made conventional lenders hesitant to engage.
This is where our specialist expertise came in. We identified and approached a lender experienced in equity release for non-standard high-value homes. Understanding the unique nature of the property and the client's financial goals, we structured a circa £3.5 million roll-up lifetime mortgage. This specialist lending solution allowed the clients to access significant capital without ongoing repayments or the need to refinance again in future; the result was a seamless, tax-efficient release of liquidity that provided peace of mind and financial freedom.
At Enness, we understand that extraordinary properties require equally exceptional finance solutions. Whether planning for retirement, managing wealth, or looking to unlock capital from a luxury property, we can help you find the right solution, no matter how complex the asset is. Contact us today to see if we can achieve similar for you.
Enness does not give legal or tax advice and you should seek professional advice to discuss your personal circumstances and requirements.
Financing options available to you will depend on your requirements and circumstances at the time. Any changes in your circumstances, any known likely changes, or omissions in the information you provide can affect the suitability of the options available to you
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.
