The Times - Who needs a loan? The super-rich
The surge in demand for large loans from foreign investors and tech entrepreneurs, among others, has been so great that some high-street banks have set up specialist departments to deal with them.
One London broker told The Times there had been a 180 per cent increase in the number of mortgages it negotiated on property deals of £10 million or more — up from 29 in 2017 to 81 last year.
Aaron Strutt, of Trinity Financial, expects more demand if the political chaos deepens.
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