Overview

A long-standing dealer partner introduced a high-net-worth client seeking funding for a McLaren valued at approximately £400,000. While the client’s financial position was exceptionally strong, their income and residency arrangements were far from conventional, creating challenges for many mainstream lenders.

By taking the time to understand the client’s wider financial circumstances and working closely with a specialist lender, Bridford was able to structure a bespoke funding solution that reflected the client’s true profile rather than relying on standard underwriting criteria.

The Requirement

The client was resident in Monaco whilst maintaining significant connections to the UK through both residential property ownership and a successful UK trading business.

As part of their approved tax arrangements, their UK employment income was reflected differently from a typical salaried applicant, meaning standard affordability assessments and automated underwriting processes did not accurately represent their financial position.

The client wished to acquire a McLaren in their personal name, with the vehicle to be used between the UK and Monaco, and required a funding structure that reflected both their international lifestyle and high-net-worth status.

Our Solution

Bridford took a relationship-led approach, working closely with a specialist lender experienced in supporting high-net-worth clients with more complex financial arrangements.

Rather than focusing solely on conventional income documentation, we presented the client’s wider financial profile, residency position and overall strength, enabling the lender to assess the application on its individual merits.

A bespoke funding solution was agreed, including:

• 30% customer deposit
• 24-month interest-only funding structure
• Funding in the client’s personal name
• Additional vehicle tracking as part of the lender’s security requirements
• Approval for the vehicle to be used between the UK and Monaco

The proposal was fully underwritten within 24 hours, allowing the transaction to progress quickly and efficiently.

The Result

The client completed the purchase with confidence and was able to take delivery of the vehicle within the same week.

By understanding the complexity of the client’s circumstances and presenting the application in the right way, Bridford secured a funding solution that balanced flexibility, competitive funding terms and appropriate risk management.

This case highlights the value of specialist expertise when supporting high-net-worth individuals whose financial affairs extend beyond traditional underwriting criteria, demonstrating Bridford’s ability to deliver bespoke finance solutions where a more considered approach is required.