- Loan Amount: Circa £11,500,000
- Property Value: Circa £18,500,000
- LTV: Approximately 62%
- Repayment: Interest-only
- Purpose: Refinance existing debt and raise £1m liquidity
Enness was approached by a high-net-worth individual, an entrepreneur and former chief executive of a global company, seeking to refinance a substantial loan secured against a prime residence on a prestigious private estate in Surrey. The client also wished to raise additional liquidity while maintaining flexibility across a diversified portfolio of assets, including property and private company holdings. Although the client’s regular income was modest relative to overall wealth, a forthcoming liquidity event from the sale of an international property further enhanced the profile.
Enness collaborated with specialist private lenders to design a facility tailored to the client’s balance sheet and asset structure. The arrangement was based on overall net worth and equity strength rather than conventional affordability measures. A flexible, interest-only structure was implemented with a prudent loan-to-value ratio and an interest reserve to provide additional lender security.
The refinancing enabled the client to consolidate existing borrowing while accessing additional capital for personal use. The facility offered stability and a clear repayment path linked to the expected liquidity event, all while maintaining cost efficiency and avoiding restrictive repayment conditions.
This case highlights Enness’ ability to deliver bespoke refinancing solutions for high-net-worth individuals with significant global wealth but less traditional income structures.
