Main image: house holds lifted upside-down a banker from the pockets of the banker so many money falls allegory of asking a mortgage
Why do HNWIs find it so hard to get a mortgage?
A recent study has shown that being very well off doesn't always guarantee access to the right finance, explains Alpa Bhakta...
Alpa joined Butterfield in 2011 to develop the UK property finance unit at the Private Bank in the UK and has since been promoted to Managing Director of Butterfield Mortgages Limited, and subsequently named CEO. She now manages a team of dedicated colleagues in servicing niche areas of the HNW mortgage industry. Prior to Butterfield, Alpa worked at BNP Paribas Fortis, where she headed up the private property finance team and was integral to launching and growing the lending portfolio from 1999. Previously she held positions with Credit Agricole Indosuez private bank and NatWest.
Mortgage approvals jump to highest number since 2009
95,126 mortgages were approved by the main high street banks in July 2019; the highest monthly total since July 2009
By PrimeResi
Budget 2020: The need-to-know for HNWIs & business owners
The Mishcon de Reya team has penned a handy summary of key policies and changes announced by Chancellor Rishi Sunak in the Budget 2020.
By PrimeResi
Mortgage market chills as lending numbers drop
September saw fewer home-mover, first-time buyer and buy-to-let mortgages agreed compared to the same month last year, says UK Finance
By PrimeResi
Companies in this article
Butterfield MortgagesMost read
More details emerge around record Chelsea mansion sale
Low-profile hedge fund boss named by the Financial Times as purchaser of Candy’s '£265mn' Providence House
Super-prime agency lines up brokerage model expansion
'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Knight Frank: Middle East conflict will impact UK housing market in four stages
The agency's resi research boss Tom Bill breaks down the likely path for policy, rates, sentiment and pricing - starting with what’s already playing out in the prime country market
By Tom Bill
Freehold Marylebone mansion block heads to auction
33-home building is being sold by order of the Howard de Walden Estate, which has owned the land for over 300 years.
Savills installs new head of Fulham sales
Tom Reeves takes charge of multi-office operation in SW London following the retirement of Emma Stead, who spent over thirty years with the agency.
Savills reports flurry of £10mn-plus country deals
Agency tucks away £112mn worth of super-prime country piles as HNW buyers make their move.
Sales hit halfway mark at luxury Kensington scheme
Residence One says its Allen House project has 'consistently outperformed other schemes'
Middleton Advisors boosts Cotswolds buying team
Former Knight Frank agent Charlotte Hall has joined to advise buyers across the region’s most sought-after addresses.
NYC lines up ‘pied-à-terre tax’ on $5mn+ second homes
State-first measure targeting ultra-wealthy and global elite announced by Mayor Mamdani.
Prime London sales market still struggling as uncertainty reigns
LonRes reports another poor month in the capital's high-end property market, with deal volumes and prices both down - but rising under offer numbers suggest there's demand out there.
LATEST ARTICLES
Luxury brokerage recruits two high-flying West London specialists
Euan Rollo was previously a Director at Savills in Notting Hill; Adam Andersson Broholm was a Partner with Knight Frank in Chiswick.
By PrimeResi
Campions acquires boutique PCL agency Aston Chase
Estate agency group steps up expansion with addition of established Prime Central and North West London operator.
Brace of senior hires for Knight Frank in the West Midlands
The property agency has recruited new Directors to lead sales in Shrewsbury and across Cheshire & North Wales.
By PrimeResi
In Pictures: Berkeley launches ‘jewel in the crown’ at King’s Road Park
Flagship phase of SW London regen scheme to deliver 143 apartments across two Foster + Partners-designed buildings.
Ranked: Britain’s ‘most desirable’ heritage cities, according to Savills
Lucian Cook rates & ranks the nation's old & beautiful centres, based on architectural pedigree, historical significance, and property values.
By Lucian Cook