Mortgage mistakes to avoid for both first-time buyers and wealthy individuals

On this week’s episode of Yahoo Finance Future Focus, our host Brian McGleenon sits down with Islay Robinson, CEO of Enness Global, to unravel the complexities of the mortgage market. Robinson shares invaluable advice for anyone seeking a mortgage, stressing the importance of exploring a wide range of lending options and being thoroughly prepared with documentation. The interview further delves into the benefits of owning assets over holding cash, with Robinson explaining that property remains a safe and profitable investment for wealthy individuals. He also discusses the impact of recent interest rate changes and tax considerations on mortgage decisions. Additionally, Robinson touches on Enness Global’s broad experience in financing diverse assets, including businesses, liquid shares, cryptocurrencies, and even unique assets like bloodstock.