£5.5 Million Refinance for a HNW British Expat in UAE
Arranging a £5.5 million refinance for a HNW British expat in UAE presented both complexity and opportunity. Our client, a high-net-worth individual residing in the Emirates, required refinancing of a prestigious £9 million country estate outside London in order to repay an existing bridging facility. This case study illustrates how Articus Finance secured the right private bank partner and delivered terms perfectly aligned with the client’s objectives.
Introduction: £5.5 Million Refinance for a HNW British Expat in UAE
For many expatriates, anchoring wealth within the UK property market is both a financial and lifestyle decision. However, arranging high-value mortgages while resident overseas often triggers heightened lender scrutiny. This case study highlights how Articus Finance structured a £5.5 million refinance for a HNW British expat in UAE, overcoming challenges related to jurisdiction, currency, and high-value rural property asset class.
Client Background
Our client was a British national living in the United Arab Emirates. As part of their long-term wealth strategy, the client had acquired a £9 million country house positioned just outside London. The purchase had initially been facilitated through a bridging loan structure. The immediate objective was to secure refinancing to redeem the bridge and achieve a more stable lending arrangement.
The requirement was significant: a loan of £5.5 million at c.61% loan-to-value. The individual’s profile – high-net-worth but expatriated, earning income in UAE dirham – introduced multiple layers of complexity. Ensuring lender confidence was critical for a successful outcome.
- Client: HNW British national, resident in UAE
- Property: Prestigious £9 million country estate near London
- Requirement: Refinance to repay bridging loan used for acquisition
- Loan Secured: £5.5 million facility
- LTV: 61%
- Challenge: Offshore residency, currency, large property outside London
The Challenge
Securing a £5.5 million refinance for a HNW British expat in UAE required addressing several sophisticated hurdles:
- Expat Status: Earning income in UAE dirham raised cross-currency and jurisdictional risk issues for lenders.
- Lender Appetite: High-value prime residences outside London can be viewed as specialist assets, not always preferred by institutional lenders.
- Bridging Redemption: The refinance needed to complete within tight timelines to avoid heightened bridging costs.
- Risk Perceptions: MENA residency often triggers enhanced due diligence, requiring effective advocacy and presentation by the broker.
Our Solution
Articus Finance applied precision at every stage of structuring:
- Private Bank Engagement: Partnered with a private bank operating in both the UK and the Middle East, easing concerns regarding residency and income source.
- Comprehensive Profile Submission: Delivered detailed financial background to underwriters, backed by our expertise in HNW lending presentations.
- Competitive Negotiation: Leveraged our network to secure £5.5 million refinance at terms aligned to client needs and property profile.
- Timely Completion: Ensured smooth redemption of bridging facility, stabilising long-term financing without excess costs.
The result was the seamless transition from a short-term acquisition facility into a competitively priced refinance, underpinned by lender confidence in both the client and the asset.
Key Highlights
- Client: British national, HNW individual based in UAE
- Property: £9 million country estate outside London
- Loan Amount: £5.5 million secured
- LTV: 61%
- Objective: Refinance to replace bridging loan
- Challenge: Non-UK residency, unconventional currency income, high-value rural asset
- Outcome: Private bank refinance successfully arranged at competitive terms
Why Articus Finance Delivered
Articus Finance’s ability to secure a £5.5 million refinance for a HNW British expat in UAE stemmed from three primary strengths: discretion, global lender networks, and proven structuring expertise. Our long-standing relationships with private banks allowed us to place the application with an institution uniquely experienced in bridging UK and Middle Eastern client markets.
This case highlights our distinction in the HNW sector. From High Net Worth Mortgages through Private Banking Solutions and Expat Lending, Articus Finance consistently delivers outcomes optimised for both timeliness and suitability.
Explore Related Insights
- High Net Worth Mortgage Facilities
- Private Bank Mortgage Expertise
- UK Mortgages for Expats
- Foreign National Mortgage Solutions
- Bridging and Short-Term Finance
- Refinancing Strategies
- Case Study Collection
- Borrower Guides
- FCA Guidance for High-Net-Worth Lending
Final Thoughts
This case demonstrates how a £5.5 million refinance for a HNW British expat in UAE was secured by Articus Finance, overcoming complexities of residency, currency and asset class. Through private bank negotiation and strategic advocacy, our brokers delivered a refinancing solution aligning perfectly with the client’s objectives and reinforcing our position as trusted advisors for high-net-worth expatriates.