The New Private Bank: How the UK’s Rich Are Lending to Each Other
London Property Digest, by Longrad
November 14, 20254m 43s
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Show Notes
In this episode of London Property Digest, we delve into the emerging trend of the UK's ultra-wealthy bypassing traditional banks to lend each other substantial sums—ranging from £3 million to over £50 million—secured against high-value assets like property, art, and yachts. Discover how this shift is reshaping the financial landscape, highlighting the growing importance of personal relationships and trust in high-stakes lending, and what it means for the future of private finance and the property market.