Over a third of the UK’s high-end international mortgage activity has come from UAE-based buyers, according to some analysis by broker Enness.
Sales of £5m+ detached houses have fallen far less than similarly-priced apartments since the Spring Covid-19 lockdown, suggests data mined by Enness Global Mortgages.
1,348 residential property sales went through above £1m in London in the first half of this year, according to some analysis by Enness. SW6 and NW3 saw more than any other postcode, while SW3 saw more super-prime £10m+ transactions.
It’ll come as no surprise that most estate agents and property developers are quite delighted with the temporary raising of the Stamp Duty threshold to £500k, as announced by the Chancellor in a “mini Budget”.
Some luxury property features are perennially popular – but a number of less traditional nice-to-haves have seen a sharp increase in popularity since the start of this year, according to some research by Enness Global.
N2 had a median sold price of £14.1m in the first quarter, according to analysis of Land Registry data, putting it ahead of W1K (£9.2m) & N6 (£9m).
There’s been “no crash, no fire sales and no mass exodus from London”, despite three years of catastrophising by “so-called ‘experts'”, writes Islay Robinson, CEO of global mortgage firm Enness. Here he talks us through the economic and financial factors that may sway a discretionary property buying decision in the capital…
Buy-to-let investors need to be more pro-active than ever in order to get the most out of a property portfolio, writes Islay Robinson, CEO of Enness Group, in an in-depth survey of the UK’s BtL scene.
‘If the figures add up, there is finance available’, says Enness Group’s CEO Islay Robinson – despite current economic uncertainty and the UK’s development finance scene having seen some big shifts in recent years.
A selection of indicative rates and terms for a £3m property loan
HNW mortgage broker continues its international expansion
The City of Light is the top destination for wealthy buyers from around the world, reports big-ticket mortgage lender Enness