He explained: "HNW individuals usually have a diverse portfolio of income streams, which can include trusts, foreign currency investments, and holdings in art, wine, stocks, and shares.
"The financial landscape for these buyers is complex, especially when lenders consider their overall wealth. This helps boost an individual's borrowing potential.”
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He added: “Private banks are equipped to support these clients with higher mortgage offerings, often providing bespoke mortgage solutions that align with the financial intricacies of HNW individuals.”
Fardeen Anan is interning at FT Adviser
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