CASE STUDY
At Henry Dannell, we pride ourselves on turning challenging circumstances into success stories, and this case is a prime example. Our client, an entrepreneur with a thriving business, had finally found his dream home after a year of searching—a stunning £10.25m property. However, with a vendor eager for a quick transaction and a high-stakes timeline, the client needed a fast solution.
Before reaching out to us, the client had faced setbacks with another broker and a high street bank. His income structure, designed to maximise tax efficiency, caused confusion and led him to believe that securing a mortgage might be out of reach. As a business owner, his net profits were substantial, but he drew a modest personal income—common for entrepreneurs, but often misunderstood by lenders.
This is where we stepped in. Leveraging our expertise and extensive network, we swiftly identified a high street lender willing to assess his net profits rather than just his personal income. This enabled us to secure a high-value £4m mortgage at a competitive rate, with a loan-to-value (LTV) of 39%—far better than what the client had previously been offered. And despite the complexity of his financial profile, we were able to finalise the mortgage, allowing him to move into his dream home without delay.
What made this case special?
In any other scenario, it would have been easy to refer the client to a private bank, given his high net worth. However, our dedication to finding the best possible solution led us to pursue a high street option—saving our client significantly on interest rates and fees. Not only did this demonstrate our commitment to securing the best deals, but it also highlighted our ability to navigate complex cases that others might struggle to place.
One of the more unique challenges involved the property’s positioning—it featured a steep downward drive that created a flood risk, complicating the insurance process. With the help of our trusted insurance partner, we sourced a specialised policy that saved the client thousands in annual costs—an added value that underscored our holistic approach to client care.
Why was Henry Dannell chosen?
The client was referred to us by a trusted property agent who knew our track record of delivering high-quality, fast-turnaround results. The referral was built on a long-standing relationship and confidence in our ability to handle challenging cases.
The client’s objectives were clear: secure the best available rate and ensure a smooth, rapid transaction. We were thrilled to support them in achieving this outcome.
Looking to secure a mortgage?
Whether you’re an entrepreneur looking for your dream home or seeking a competitive mortgage in a complex situation, Henry Dannell is here to help. Our expert team specialises in bespoke mortgage solutions that work for you—no matter how complicated your finances may seem. Contact us today and experience the Henry Dannell difference.
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.
