London, 22 July 2024 – Enness Global, the international mortgage broker for high and ultra-high-net-worth individuals, business owners and entrepreneurs, today announced impressive performance results for the first half of 2024.
Despite forecasts predicting a reduction in overall UK gross lending in 2024, Enness recorded a 2.1% year on year growth in finance enquiries, reaching a total of £5.3bn. Underpinned by a robust average loan amount of £3.0m. Enness’s results underscore the resilience of key super prime property markets, with London and Dubai exemplifying this trend. Notably Enness experienced a 166.2% surge in average property values, bringing the figure to £20.1m.
In addition to financial growth, Enness expanded its international client base significantly in H1 2024. The company processed applications from clients of 54 different nationalities, spanning 47 different home markets. Reflecting Enness’s strengthening international footprint, which includes offices in Dubai, Monaco, Switzerland, Channel Islands as well as the UK.
Commenting on the results, Islay Robinson, CEO of Enness Global, described the first-half performance as highly encouraging, particularly given the subdued market conditions and broader UK mortgage commentary. He highlighted that the growth in international mortgage applications for super-prime properties reflects the company’s ongoing focus on meeting the needs of high and ultra-high-net-worth clients.
Robinson also noted that this performance has been achieved alongside the expansion of Enness’s portfolio to include high-value insurance and protection, as well as the launch of new services tailored for high-net-worth individuals, such as company formation, corporate structure support, and succession planning for those navigating government-approved citizenship and residency channels.
Looking ahead, he expressed optimism for the second half of the year, citing potential interest rate reductions, controlled inflation, and the strong availability of super-prime stock as factors likely to support further growth.
