Key Details:
- Loan Amount: Circa £4.5m
We recently facilitated a refinance of approximately £4.5m for a high-net-worth client facing significant challenges. The client owned a high-value property but had no income or additional assets and needed a fast, cost-effective solution to replace an existing high-interest bridging loan.
Time was critical, with just four weeks to secure a new facility. The previous loan carried unsustainable terms, making it imperative to arrange a competitive refinance.
Despite the complexities, we successfully secured a £4.5m facility with a lower interest rate and attractive fees. This resulted in substantial savings compared to the client’s previous arrangement and provided much-needed financial stability.
Our team worked swiftly to complete the application and secure funding within the four-week deadline. By tailoring the solution to the client’s unique circumstances, we delivered a bespoke arrangement that met their needs.
At Enness Global, we excel in navigating high-value and complex property refinancing. Whether you need to refinance a luxury property or require a custom financial solution, this case demonstrates our expertise, creativity, and ability to deliver results under tight deadlines.
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