At Henry Dannell, we are pleased to share the successful restructuring and refinance of a £4.97 million holiday let portfolio on behalf of a long-standing client. This complex transaction involved 16 holiday let units held within a single block and resulted in both a smooth development facility exit and significant cost savings.
Client Overview
Our client, an experienced investor in the short-term let market, approached us with a multifaceted challenge. Their existing development finance facility was nearing maturity, and they required a long-term refinancing solution that would allow them to:
- Exit their development facility in a timely and controlled manner
- Restructure the debt under a more favourable long-term commercial lending arrangement
- Navigate a concurrent change in company ownership and directorship without delaying completion
Our Approach
We began by directly engaging with the incumbent lender to negotiate an extension of the existing facility, ensuring the client had sufficient time to explore the right refinance strategy.
The transaction involved a restructure of ownership among directors and shareholders, which required careful legal and financial oversight to maintain continuity and compliance. We worked closely with all relevant parties to manage this process and mitigate any risk to the transaction.
We then:
- Conducted a comprehensive market review to identify lenders suited to complex holiday let portfolios, especially those held within a limited company structure
- Built a robust proposal demonstrating the portfolio’s performance, long-term value, and sustainable yield
- Secured multiple competitive offers, enabling the client to make a well-informed decision based on rate, structure, and lender flexibility
Outcome
Through coordinated execution, we successfully:
- Refinanced 16 holiday lets within a single block under one new facility
- Facilitated the smooth exit of the development loan before its revised maturity
- Secured a market-leading interest rate at a highly favourable 65% loan-to-value
- Released capital for future investment while consolidating borrowing under improved terms
This transaction showcases our ability to deliver strategic results in complex property scenarios, particularly those involving:
- Blocks of holiday lets or serviced accommodation
- Restructuring within limited companies or director/shareholder changes
- Development loan exits and transitions to term finance
- Multi-unit property refinancing under one facility
Matt Karagul, Specialist Finance Adviser at Henry Dannell, commented:
“This case exemplifies the strength of our collaborative, solutions-focused approach. By combining technical expertise with close lender relationships, we were able to overcome timing pressures, navigate structural complexity, and deliver a result that exceeded expectations.”
Expert Guidance for Complex Property and Portfolio Finance
At Henry Dannell, we specialise in helping investors and developers:
- Refinance holiday let or serviced accommodation portfolios
- Exit development finance and transition into long-term solutions
- Restructure lending for limited companies or investment SPVs
- Secure finance for blocks of units, multi-unit freeholds, or short-term let portfolios
If you’re managing a complex investment structure or facing time-sensitive refinancing needs, we can help.
Contact us today to explore how we can support your next financial milestone.
This is a case study and not indicative of typical results. Past performance is not necessarily representative of future results. This information is for general purposes only and does not constitute financial advice. Please seek professional advice before making any financial decisions.
Please note: any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.
