St Barts is where clients have a borrowing appetite, says Enness

Hugh Wade-Jones with business partner Islay Robinson
Hugh Wade-Jones with business partner Islay Robinson

Hugh Wade-Jones founded Enness with his business partner Islay Robinson just over ten years ago, in August 2007. “The same week that Northern Rock started to crash in the UK. Great timing,” Mr Wade-Jones told St Barts Life.

Enness arrange mortgages across Europe, including Monaco and the South of France, and also in the Caribbean. They have recently opened a fourth office at the beginning of September in the Dubai International Finance Centre, as they have a high number of Middle East clients.

“St Barts has always been the ‘go to’ destination in the Caribbean, if not the world, so has always been somewhere many of our clients have had an appetite for borrowing but have found it difficult historically to secure mortgages themselves,” Mr Wade-Jones explained.

This link has been further strengthened following the successful launch of the Enness office in the port of Fontvielle in Monaco, with a significant number of clients having homes in the South France, Monaco and St Barts. He added, “An example of this being the Gustavia Yacht Club with who we work with several of their members so formalising a lending proposition for the area seemed like a natural next step for Enness International.

“We have long standing relationships with a number of local banks, as well as international private banks with a strong appetite for lending in St Barts, and we look forward to utilising these connections in our latest international venture.”

Speaking about the “deeply upsetting” recent events in St Barts and the Caribbean, Mr Wade-Jones expressed, “My thoughts are with everyone affected. I hope that the strength of community through the islands will see them though this tragic period and all are given the aid and support needed.”