Complex Mortgages for UAE Investors

A foreign currency mortgage allows you to borrow in the currency that is more suitable for your income or assets, whether for UK or overseas properties. When purchasing UK properties, loans are converted into sterling, but your repayments and interest will be calculated and paid in your chosen foreign currency based on the prevailing exchange rates.

Many UAE investors earned income denominated in currencies other than AED, rendering them foreigners to that income. For this reason, foreign currency mortgages are valuable, and Enness works diligently to optimise your property finance with these mortgages.

For high-net-worth UAE clients, remortgaging is a helpful way to capitalise on the value of existing properties and invest in new investments or creative ventures. Like I would advise any client, the best advice is designed to satisfy your affordability and consider existing mortgages, current income, and any change in property value.

At Enness, we benefit from our relationships with high-street banks and private banks. We understand the mortgage product offerings of different banks and specialist lenders, which enables us to deliver remortgage solutions in the most complex scenarios.

Many high-net-worth UAE clients seek to expand their property portfolios by acquiring a second home or another property overseas. Whether that be a home for your family, a holiday villa, or a pied-à-terre, Enness takes your concrete needs and your international property aspirations and turns them into bespoke mortgage solutions.

A second charge mortgage is simply another loan secured against the equity in the property, in addition to your first mortgage. The second charge can be used for various purposes, such as debt consolidation, expanding a buy-to-let portfolio, and improving cash flow for your business.

Enness's experts have extensive experience in arranging second-charge mortgages for our high-net-worth clients in the UAE, allowing you to unleash the full potential of your property assets.

Many of our clients in the UAE are self-employed; however, Enness has unparalleled experience with their specific circumstances. Often brokers come from an accountancy background, and therefore we excel in complex applications and accessing the best mortgage rates regardless of your circumstances.