Property lender Together has partnered with broker Empire Global Finance to provide a £3.5 million commercial loan for a Hong Kong-based investor acquiring a UK asset.
The funding supports the purchase of a £3.25 million commercial property secured at auction, with the lender structuring the facility around the requirements of an international buyer.
The transaction required navigating cross-border acquisition issues, foreign-entity borrowing and the involvement of multiple parties across different jurisdictions.
Together, which has an £8 billion loan book, worked closely with the broker to deliver what it described as a bespoke solution that ensured the deal completed smoothly and on time.
Emma Goodyear, senior corporate underwriter at Together, said: “We are delighted to have supported this international investor in expanding their UK footprint.
“This deal with Empire Global Finance highlights our ability to provide bespoke funding solutions for complex, cross-border transactions. The strength of our relationships with brokers who share our commitment to achieving outstanding outcomes for clients is what sets us apart.
“At Together, we specialise in understanding the complex financial profiles often seen with overseas investors, including self-employment and multiple income streams.
“Our expert team takes a bespoke approach to each customer’s financial situation to make tailored lending decisions, helping to achieve the right outcomes for our customers.”
The lender recently announced rate cuts across buy-to-let and commercial term loans for expats and foreign nationals, reflecting growing international interest in UK property. Together said between £1 million and £1.5 million is lent each month to overseas investors.
John Simms, head of corporate finance at Empire Global Finance, said: “Foreign investment into the UK is on the rise, and we couldn’t be happier to have helped our client with this deal.
“Despite the case’s complexity, we were able to work seamlessly with Together to reach the right outcome for them. It’s an excellent example of a broker and lender working in unison, and strong result for an international investor expanding their UK footprint.
“It demonstrates our expertise in commercial property finance, acquisition funding, and complex structured lending.
“We look forward to working with Together again in the future, sourcing the right finance for our much-valued customers.”
