Case Studies

Development ExitCotswolds

This luxury, gated site housed multiple properties, including a barn conversion and new build assets, all owned by an offshore trust.

With assets at various stages of completion, the security changed several times during the process and Century stepped in after another lender was unable to provide funds due to the complexity of the structure.

Following successful completion, another two deals materialised from this borrower.

  • £3.5 million development exit loan
  • LTV: 60%
  • First Legal Charge
  • Newbuild development around existing barn conversions
  • Owned by an Offshore Trust
Development Exit, Cotswolds

Prime AssetCentral London

This prime central London asset was owned in a complex offshore structure. An equity release loan was arranged for the client (a successful foreign national), allowing them to utilise funds to structure a European business venture.

  • £6.5 million equity release loan
  • LTV: 50%
  • First Legal Charge
  • Large freehold house in Knightsbridge
  • BVI ownership structure
Prime Asset, Central London

RefurbishmentBelgravia

This super prime central London asset was owned by a foreign national with limited proof of income. Century provided a £9 million loan, with £7 million used to redeem the existing facility and the additional £2 million used to complete a high-spec renovation of this imposing Belgravia townhouse.

  • £9 million development loan
  • LTV: 45%
  • First Legal Charge
  • Imposing Belgravia townhouse
  • Owned by a Foreign National
Refurbishment, Belgravia

Bridging LoanMayfair

The UHNW owner of this prime Mayfair apartment required an equity release bridging loan. Century partnered with Enness Global to close the loan in just 6 days at a strong 68% LTV.

  • £4 million bridging loan
  • LTV of 68%
  • First Legal Charge
  • Grand duplex apartment
  • Completed in six days
Bridging Loan, Mayfair

Development LoanCotswolds

An experienced developer was let down by an existing lender mid-way through an ambitious and costly full-scale refurbishment of this grade II listed estate. Century were able to fast track legal and underwriting due-diligence to refinance the existing lender and provide full funding for the completion of the development, without losing valuable time.

  • £5.5 million development loan
  • LTGDV: 70%
  • First Legal Charge
  • Major Cotswolds estate
  • Century stepped in half-way through the development
Development Loan, Cotswolds

Refinanced LoanSouth Kensington

Century completed a £7.5 million first charge refinance on a stunning, super prime London townhouse house, valued at in excess of £12 million.

  • £7.5 million loan
  • LTV: 65%
  • First Legal Charge
  • Unique Victorian townhouse
  • Deal closed in two weeks
Refinanced Loan, South Kensington

Equity ReleaseSussex

Century completed an equity release loan secured against a grand and imposing £6 million Sussex country house.

  • £2.5 million equity release loan
  • LTV: 50%
  • First Legal Charge
  • Large family house in Sussex
  • Owned by an English Aristocrat
Equity Release, Sussex

Equity ReleaseChelsea

This loan against a residential property in Chelsea provided equity release for the borrower, a foreign national who planned to raise capital for an investment into his business in Eastern Europe.

  • £2.1 million equity release loan
  • LTV: 65%
  • Second Legal Charge
  • Large lateral Chelsea apartment
  • Wealthy foreign business
Equity Release, Chelsea

Residential LoanSurrey

Century provided a £3 million senior residential loan against a Surrey property, refinancing an existing bridge to raise additional capital for the borrower.

  • £3.1 million loan
  • LTV: 70%
  • First Legal Charge
  • Surrey family house with development potential
  • Deal Term: 12 months
Residential Loan, Surrey