CASE STUDY
Henry Dannell is pleased to announce the successful completion of a €12.6m refinance for three properties situated in Tuscany, Italy. This deal underscores our expertise in delivering bespoke financial solutions for complex international property transactions.
Our client, a Jersey based hedge fund manager, was referred to us by a trusted professional with whom we have a long-standing relationship who was confident we could find a solution for their client after a previous mortgage adviser was unable to assist. Our client sought to refinance three Tuscan properties valued at €21 million to support their investment endeavours.
Securing a large loan against the security of overseas assets can be challenging for traditional lenders, as it falls outside the scope of the norm. However, our team, led by Geoff Garrett, recognised this challenge and collaborated closely with the client to understand their financial goals and existing property portfolio. Leveraging our extensive lender network and deep market knowledge, we crafted a tailored solution that addressed the unique aspects of the transaction.
Despite the complexities of international property finance, we were able to successfully secure a €12.6m mortgage at a competitive rate. This innovative approach significantly reduced the client’s costs over the loan term.
Co-Founder and Specialist Debt Adviser, Geoff Garrett, commented: “We’re delighted to have achieved the client’s desired funding while securing a competitive interest rate. This demonstrates our ability to secure favourable financing for complex international property transactions.”
Do you require support seeking a mortgage for international property assets? Contact Henry Dannell today to discuss your financial goals and explore our tailored solutions.
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: a mortgage is secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. Please also note: The Financial Conduct Authority does not regulate most forms of buy to let mortgage.
