
Enness Global arranges £4.8m mortgage for London family home
This deal meant the family could buy the home without having to take out more money from the family business.

This deal meant the family could buy the home without having to take out more money from the family business.

The report showed continued demand from international buyers and a rise in specialist lending such as securities-backed loans, bridging and cross border facilities.Â

The bespoke mortgage was structured at roughly 90% LTV, split across several lending tranches for flexibility during the first term.Â

Enness provided a bespoke loan at around 55% loan-to-value (LTV), secured against the property.Â

Islay Robinson, CEO at Enness Global, discusses how the AR model is increasingly attracting experienced brokers seeking scale, flexibility and operational support.

Analysis from Enness Global revealed that the global population of ultra-high-net-worth individuals (UHNWIs) has grown by 5.4% in just six months.

Data from Enness Global showed a 6.4% fall in the number of principal firms in the UK’s AR market over the past year.

Enness set up a 36-month interest-only facility, fully rolled with no early repayment charges (ERCs).

The facility was structured as a 5-year loan of £2,080,000.

The research found HNW buyers are choosing to borrow against assets such as equities, commodities, cryptocurrencies and collectables, rather than sell them to fund property purchases.

The loan allowed the client to pay an expired private bank mortgage straight away and avoid a forced sale.

Enness put in place a Lombard-style facility against the share portfolio, so the clients could buy the new property without selling assets or touching the existing mortgage.Â
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