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The surge in demand for large loans from foreign investors and tech entrepreneurs, among others, has been so great that some high-street banks have set up specialist departments to deal with them.

One London broker told The Times there had been a 180 per cent increase in the number of mortgages it negotiated on property deals of £10 million or more — up from 29 in 2017 to 81 last year. 

Aaron Strutt, of Trinity Financial, expects more demand if the political chaos deepens.

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