Enness International has launched with the ambition of becoming the world’s leading broker for high net worth European Mortgages.
Enness has already completed a number of major deals, including the financing of the sale of Pablo Picasso’s $200m property in the South of France.
The broker has a multilingual team, fluent in French, Italian, Spanish, German and Russian to assist clients with every aspect of European real estate finance – including residential, commercial, bridging and development – from a newly opened office in the Port of Fontvieille, Monaco, as well as Brook Street in London’s Mayfair.
Hugh Wade-Jones, managing director of Enness International, said: “We now have the necessary permissions from the Monégasque authorities to officially open our office for business in Fontvieille and the team down there can’t wait to get going.
“Large international mortgages are something we have been doing for some time at Enness, with well over half of our private office clients looking for overseas financing solutions.
“The launch of Enness International allows a focused team to offer our clients mortgage advice on their European property portfolio.
“Recent economic and political changes coupled with those set for the year ahead – including tax changes for non-doms in the UK – will likely encourage foreign buyers to purchase elsewhere.
“By launching our international offering, we are recognising the need to support clients with the diversification of their property portfolios.”
Enness International will cater for clients looking to acquire or refinance overseas property, specifically those located in Monaco, France, The Balearics and Switzerland
Marion Feracci, who heads the mortgage team in France and Monaco, said: “Having previously been a resident of Monaco for a number of years, there is certainly a gap in the market for a mortgage brokerage who can support clients with their property finance requirements across jurisdictions in Europe.
“To be central to one of the largest property transactions in the world is extremely exciting and shows the calibre of client Enness attracts.
“The launch of Enness International responds to the changing ways high net worth individuals are approaching their property investments and I am delighted to be a part of it.
“The launch of our Monaco office is the first of a number of international launches planned with an office in the DIFC in Dubai set to open in Quarter 3 2017.”