- Client: UK National & UK Resident
- Gold Value: £2M
- Loan Amount: £1.8M
- LTV: 90%
In this case, Enness was approached by a UK national looking for a safer solution for lending against their assets in a volatile market.The client had recently liquidated their public portfolio position and was holding cash in pounds. However, they wanted to put their money to work and got in touch about viable lending options for a variety of different assets. After discussion, the client settled on a lender who could custody their cash and allow them to buy and leverage gold.
The critical challenge of this case was that the client was scared of the recent volatility across the market and didn’t want to be caught in a margin call by leveraging a more volatile asset.
After exploring the market, Enness moved quickly to secure terms of sub-1 % over the UK base rate at a competitive LTV. The lender also agreed to a 0% custody fee and no arrangement fee. This enabled the client to release liquidity from their asset without liquidating their existing assets entirely.
Enness has access to over 500 Lenders and the best possible terms for our clients to consider. We specialise in dealing with ultra-high-net-worth individuals and can quickly understand the client profile and requirements.
If you or your clients are looking for an option to release liquidity against their assets whilst avoiding market volatility, please contact us.
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.
