The large loan broker has opened its fourth office internationally following a 31% increase in enquiries from expat and foreign national clients in the Gulf Corporation Council (GCC) in the last six months.
Enness’ multilingual team – which has a wealth of experience in sourcing finance for clients across the Middle East – believes it is ideally placed to assist foreign nationals and expats buying or refinancing in the UK.
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“London continues to be a safe investment option for HNW individuals and, as such, is popular with expats based in the GCC and foreign nationals looking to put their money into a secure asset,” said Islay Robinson, CEO of Enness.
“We’ve launched an office in Dubai’s DIFC as a direct response to the increased demand for large loans for property in the UK and Europe from these clients.”
The Dubai office launch follows the introduction of an Enness office in Monaco which caters for large loans across Europe.
“This launch is just one of the ways we’re marking a decade in business,” added Islay.
“Hugh [Wade-Jones] and I are delighted with the evolution of the company over the last 10 years, and look forward to expanding even further in the near future.”
Toby Johncox (pictured above, left) will be heading up the Dubai office as head of mortgages and will be joined by Chelsea Warren (pictured above, right), head of protection.
Enness’ team in Dubai will be able to put clients in touch with relevant experts to assist with tax structuring and navigating different legal jurisdictions.
The broker also has a relationship with a trusted foreign exchange broker which can help with non-sterling currency, giving clients access to the most preferential market rates.