Established 10 years ago, by Islay Robinson and Hugh Wade-Jones, Enness caters for high net worth (HNW) clients with complex requirements. The new office is a direct response to an increased demand from expat and foreign national clients in the Gulf Corporation Council (GCC), having seen a 31% increase in enquiries in the last six months.
Toby Johncox (pictured) is heading up the Dubai team as head of mortgages in the Gate Village DIFC. He joins Enness following seven years in the property and finance markets in both the UK and GCC. Also joining the team is Chelsea Warren (pictured), who will be head of protection.
The group comprises six specialist teams – Mortgages, Private Office, International, Bridging, Commercial, and Development – and provides a holistic property finance service, regardless of location or asset class.
Islay Robinson, CEO of Enness, said: “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. 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.”
He added: “The Dubai office follows the hugely successful launch of our Monaco office, in the French Riviera, catering for the demand for large loans in Europe. This launch is just one of the ways we’re marking a decade in business. Hugh 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.”
For more, here’s Specialist Lending Solutions’ interview with specialist broker Enness out last week.