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Equity Release

Equity Release · Case Study

Art Collector

Type of loan

Equity Release

Role

Art Collector

Asset

Post-war oil painting, major British artist

Loan

£480,000

Background

Our client held a significant painting from a major British post-war artist, appraised at £800,000, but needed capital urgently to support a family business without selling the work, which had strong sentimental value.

Solution

We provided an equity release facility of £480,000 against the painting — 60% of its appraised value. The work was transferred to a specialist fine art storage facility in London and the client received funds within four days of the initial enquiry.

Client comments

They understood immediately that this was about more than money. The painting stayed in the family and the business was saved. I couldn't ask for more.

Art Collector

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