CASE STUDY
The Situation
Henry Dannell was engaged by a Jersey-based hedge fund manager seeking to refinance a residential portfolio of three properties in Tuscany, collectively valued at €21 million. The client, referred by a long-standing professional contact, had previously worked with another adviser but was unable to secure a viable lending solution due to the cross-border complexities involved.
The refinance was not only intended to replace existing borrowing, but also to support broader investment activity, making both the timeline and structure of the deal commercially significant.
The Challenge
Securing finance against overseas residential or lifestyle assets is often beyond the parameters of conventional lenders, particularly when:
- The borrower is offshore
- The lending is required in foreign currency
- The ownership is held through non-individual structures or trusts
In this case, the combined impact of jurisdictional complexity, asset type, and the borrower’s corporate structure meant that most high street and domestic lenders were immediately ruled out.
The Solution
Led by Co-Founder and Specialist Debt Adviser Geoff Garrett, the Henry Dannell team undertook a strategic review of the client’s global asset base, existing borrowing arrangements, and liquidity requirements. The refinance had to balance four priorities:
- Satisfy lender underwriting across multiple jurisdictions
- Provide a competitive interest rate in euros
- Maintain flexibility for the client’s evolving investment strategy
- Minimise costs and currency exposure across the loan term
By leveraging our deep relationships with international private banks and specialist lenders experienced in high-value overseas asset finance, we structured and completed a €12.6 million refinance facility secured against the Tuscan properties. The terms were not only approved but delivered with notable cost efficiency and underwriting flexibility, overcoming obstacles that had halted progress under a previous adviser.
Geoff Garrett, Co-Founder at Henry Dannell, commented:
“This transaction reflects the strength of our cross-border lending capability. For clients with significant international assets, traditional solutions often fall short. We were pleased to step in, structure a robust refinancing package, and secure highly competitive terms where others could not.”
Strategic Relevance
This case highlights Henry Dannell’s capability to deliver lending solutions for:
- UK and offshore clients with international residential or commercial assets
- High-net-worth individuals or family offices holding lifestyle property portfolios overseas
- Borrowers requiring multi-currency lending and cross-border structuring
- Clients who have faced challenges with conventional channels due to asset location or structure
For individuals or entities looking to refinance or leverage overseas property to release capital, Henry Dannell offers not only access, but also a strategic lens across jurisdictions.
Explore Tailored International Solutions
To discuss refinancing or borrowing against overseas assets, speak with our international finance team. We specialise in aligning lending structures with cross-border property and investment strategies.
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.
