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.
