Posts by Enness Private
Home Sweet Home: Essential Considerations Before Choosing Where to Move
Finding your dream home can be both thrilling and daunting; whether for work, change of scene, or to start over fresh, the decision to relocate can be monumentally impactful. Before embarking on this new journey, however, several key considerations need to be weighed carefully before making this life-altering decision. In this blog post we’ll go…
Read MoreNourishing Mindful Living: A Holistic Fusion of Nutritional Ingredients for Optimal Health
Kratom (Mitragyna speciosa) is a tropical evergreen tree native to Southeast Asia whose consumption is associated with both stimulating and sedating effects depending on the doses taken. Besides its mind-altering properties, kratom is also widely used to remedy numerous ailments. But for new users, the biggest challenge is understanding how to make the most of…
Read MoreFactors To Consider When Purchasing Roof Windows
Natural light appears to be a hot trend in house design. It manifests itself in a number of ways, the most common one being roof windows. It should come as no surprise, though. A roof window can really add to the look of any house, as well as provide you with lovely views of the…
Read MoreWhat’s happening in the buy-to-let market?
Many will welcome April, bringing sunnier weather and longer days in its wake—but for landlords, a new tax year brings the onset of another round of tax changes for buy-to-let mortgages. Historically, landlords only paid income tax on net rental income. This meant landlords were able to subtract the cost of the interest they paid…
Read MoreBrexit and the property market: a year on from Article 50
A year on from the triggering of Article 50, it’s finally been announced that the UK and EU have agreed a large part of the terms for the Brexit transition period. Although the deal is far from finalised, this should at least provide some clarity—and when it comes to Brexit and the property market, clarity…
Read MoreCan a non UK resident get a mortgage?
Due to lender criteria, this information is based on an overseas client securing finance of £250,000 and above. How can a non UK resident get a mortgage? As someone either looking to buy a property or re-mortgage an existing one from overseas it’s absolutely vital you choose a broker with the widest possible base of contacts.…
Read MoreWhy securing a mortgage for buy to let properties is about to get harder
It’s been a challenging year for buy to let landlords. With changes in buy to let mortgage tax relief and affordability stress testing, it’s little wonder buy to let purchases have fallen by almost 50%. Many of those deterred from securing a mortgage for buy to let properties would have been amateur landlords, such as…
Read MoreWHAT DO I NEED TO KNOW ABOUT MILLION POUND MORTGAGES?
To secure the best million pound mortgage on a residential or buy to let basis you need to assess the entire market to make sure you are achieving the best possible terms. You also need to be able to weigh up a number of different ways of structuring the loan. If you are looking for…
Read MoreLeveraging luxury and classic cars to finance property
We recently wrote on the subject of of leveraging a collection of fine art in order to secure a large mortgage; however, art isn’t the only luxury asset which can be used as security when a client is being considered for a high net worth mortgage. We also work with a lender who will allow…
Read MoreEnness partners with specialist to assist clients in releasing profits from SPVs
Challenges to extracting profits from Property Special Purpose Vehicles (SPV) A Special Purpose Vehicle (SPV) is a company set up to capture value from property transactions and developments. Property developers and investors typically use SPVs to contain and manage risks associated with their developments, each of which will have different investor profiles. A typical route…
Read MoreEnness Private: How has the mortgage market fared throughout 2016?
This week we took a look back over the year, as featured in an article on Mortgage Solutions; it has been a strong year for both new entrants to the lending market and for existing mortgage brokerage firms. It has been a great year for businesses bringing something new to the market. Of particular note…
Read MoreHMRC clarifies changes to non-dom status
Back in March when everyone was pondering the ramifications of George Osborne’s eventful Summer Budget, we outlined the key changes to non-dom status in an article for our overseas clients. Then the details were hazy, and there were more questions than answers. Now, the government has released a consultation which we hope will provide answers to…
Read MoreWhen is the best time to sell my home?
‘When is the best time to sell my home?’ The obvious answer is to sell at the top of the market, however in practise, this is almost impossible to know and can come with many other factors to consider. The most popular time to sell a property tends to have always been in mid-spring or…
Read MoreThe rise of the private bank mortgage
Gone are the days when private banks were seen as old, stuffy institutes run by aristocrats. Once reserved for the super-rich and famous, they have become increasingly accessible as demand for high value mortgages continues to grow. The key difference between private banks and high street lenders has always been the quality of personal service…
Read MoreHow to get a mortgage with Directors’ Loan income
A huge number of clients that come to Enness are self-employed, so we understand that as a director of a limited company, there are many ways you may decide to structure your income to best suit your needs. However, many lenders (especially on the high street), are not always so understanding. If you do not…
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