£8.1M Buy-to-Let Mortgage Secured for a Non-Dom Property Developer in Seven Weeks
This case study demonstrates how Henry Dannell successfully structured a bespoke mortgage solution for a high-net-worth client referred by a professional introducer. By overcoming challenges related to non-domiciled status and a constrained timeframe, we delivered a tailored outcome that aligned with the client’s financial objectives.
Client Objectives
The client required refinancing for an existing buy-to-let (BTL) mortgage. Additionally, they sought to release funds for the acquisition of a prime central London development plot.
Client Profile
- Profession: Retired / Property Developer
- Property Value: £12,000,000
- Loan Amount: £8,100,000
- Domicile: Non-Domiciled (Australia)
- Residency: UK
- LTV: 67.5%
- Mortgage Product: 3-year floating at 1.45% + BoE
Key Challenges
- Limited UK income outside of BTL rentals – Rental income was structured under custodianship with the lender to meet stress testing requirements.
- Non-resident, non-domiciled status – The client’s recent tax residency in Australia added layers of regulatory and compliance considerations.
- Time constraints – The transaction was initiated on 20th December 2024 and successfully completed within seven weeks by 13th February 2025.
Our Approach
We worked closely with the client and the lender to develop an efficient and adaptable financing structure, ensuring the mortgage aligned with the client’s objectives.
Key Achievements
- Identified a lender capable of working with offshore income.
- Structured a tax-efficient loan jurisdiction to ensure compliance with international tax regulations while optimising financial efficiency.
- Navigated BTL stress testing to secure a sustainable debt-servicing arrangement.
- Managed multiple account setups and third-party financing verification to meet lender requirements within the set timeframe.
By leveraging our deep understanding of complex financial structures, we provided a seamless, high-value mortgage solution that complemented the client’s overall objectives.
An Endorsement from the Lender
“Jamie Ewan at Henry Dannell was faultless throughout this transaction, from initial enquiry all the way through to completion.
This was a client who had a foot to the floor from the very beginning in order to meet deadlines, however, there were a myriad of considerations at play, and it was always going to be a challenging deal, to say the least.
The loan structure went through a number of changes during the process, and Jamie expertly managed client expectations at every twist and turn, being available during evenings and weekends to navigate challenges and drive the transaction to close, achieving the best possible outcome for his client.”
Our Promise
By partnering with Henry Dannell, our professional introducers gain access to tailored credit solutions that seamlessly integrate with their clients’ wider financial objectives. This case exemplifies our commitment to delivering strategic, well-structured lending outcomes that support high-net-worth individuals with complex financial profiles.