Michael Perry has been named May’s broker of the month. Mike is a key player in the Enness Bridging team, and having been featured in a number publications over the last month, Mike is strengthening his reputation within the industry. We sat down with Mike to find out more.
What brought you to Enness, and how long have you been here?
I’ve been at Enness for just over a year, and have really enjoyed the journey so far. I already had a strong background in banking and finance, but needed more of a challenge. Enness appealed to me for two reasons: the opportunity to grow my career as a mortgage broker in the emerging bridging market, and the great atmosphere in the commercial team and wider office.
So what is it about commercial finance and bridging that drew you in?
I was attracted by the complexity of the commercial world. Although they’re the most challenging, I really enjoy complicated cases that really force me to use my brain. I’d rather work on difficult cases I can sink my teeth into, and commercial broking allows me to do this regularly.
My particular focus is on bridging finance, which I think is the area of broking which gives you the biggest capacity to think creatively. It’s also very reliant on building relationships with clients and lenders, which is another aspect of the job I enjoy. By its nature, bridging finance is extremely fast-paced, so it’s never boring.
What makes you our Broker of the Month?
I’ve been quoted in the press regularly over the last month, which is great to see—it’s good to feel that your opinion is respected. I’ve commented on the expansion of the market, and had some coverage on my 2017 bridging trends analysis. I’ve also been nominated for the ‘Bridging and Short Term Finance Broker’ at the upcoming British Specialist Lending Awards, which is an honour.
Is there anything interesting you’ve been working on recently?
I’ve recently been looking at something called QNUPS, which stands for ‘qualifying non-UK pension scheme’. New legislation around this has recently come into effect, so it isn’t yet widely used—but I think it will become more popular in the future. A QNUPS is great option for expats looking to reduce tax liabilities for inheritance tax purposes.
What does the future hold for you?
My ambition for the future is to grow my reputation within the industry, and stay at the forefront of the bridging finance world. The BSLA awards are announced on the 25th May, so I’ve got my fingers crossed for that too.
If you would like to discuss what Mike can do for you, please get in touch and he’ll be delighted to speak with you.