A bespoke multi-property finance solution enabled a high-net-worth client to fund a second property purchase and a major refurbishment project simultaneously.

• Client: High-net-worth UK-based professional
• Challenge: Funding a new purchase alongside a major refurbishment
• Loan Amount: 80% LTV facility with £1.5M refurbishment drawdown

A high-net-worth client approached us requiring a flexible funding solution to support two significant property objectives at the same time. The client wanted to purchase a second home while also carrying out a major refurbishment of their main residence in London.

The refurbishment involved substantial structural works, extensive redevelopment, and a significant budget over an estimated two-year period. At the same time, the client wanted to preserve liquidity and avoid tying up unnecessary capital in either transaction.

The main challenge was structuring finance that could support both the property acquisition and the refurbishment works under one solution. Many lenders are cautious when funding large-scale renovation projects, particularly where higher loan-to-value borrowing is involved. In these cases, lenders often impose restrictive covenants, staged monitoring, and regular reporting throughout the build.

The client also earned in US dollars, creating an additional consideration around currency exposure. Traditional borrowing structures can create inefficiencies where income and debt are held in different currencies, particularly over longer periods.

We arranged a bespoke 80% loan-to-value facility secured across both properties. This structure released enough capital to fully fund the new property purchase while also providing a £1.5M drawdown facility against the client’s existing property to support cash flow throughout the refurbishment.

The funding was structured in US dollars, aligning the debt with the client’s income and reducing foreign exchange exposure on repayments. The facility also offered significant flexibility, with limited ongoing oversight from the lender during the refurbishment period.

This solution allowed the client to complete the purchase, proceed with the redevelopment works, and maintain strong liquidity throughout both projects. It demonstrates how bespoke funding can support complex property transactions where conventional lending structures may be too restrictive.