Meet Evan Griffin, Development Finance Lending Director
I’d like to introduce myself and Hampshire Trust Bank (HTB) as your funding partner in residential development finance.
How can we support you?
We offer residential development finance and site assembly facilities for experienced property developers throughout England and Wales, up to a maximum of 65% GDV, with standard terms ranging from 12 to 36 months.
Plus, you’ll have the peace of mind that all lending is overseen by a range of experienced specialist lenders with years of hands on, industry experience.
- Funding from £1m to £15m
- Bespoke loan structure up to 65% LTGDV
- Dedicated drawdown team
- Supported by the British Business Bank’s ENABLE Guarantee, helping us to deliver finance to the SME house building sector
A bit about me – your regional partner
I’m Evan Griffin. I bring 20 years Banking experience having managed a multitude of trading business clients in the past across the North of England, with a focus on real estate development and investment lending, latterly focusing exclusively on development lending.
Clients have come from a range of sectors, and as such I have worked with traditional house builders, as well as developers converting commercial space into residential units, and student landlords.
Property, and in particular property development, is a genuine passion of mine, which is why I have chosen to specialise in this niche; I truly believe we need more homes built!
Contact me today
We appreciate these are uncertain times for all of us. I can assure you, as a regulated bank, we are fully focused on supporting SME developers throughout the economic cycle.
You can contact me directly on 07395 917 458, or via email at [email protected]. I’d be delighted to discuss your current and future plans and how we can support your ambitions.
Recent case studies
£2.2m development loan at 62% LTGDV, for 15 townhouses across two phases.
Background: This was HTB’s first development with this particular borrower, on an irregular shaped plot and with new access required from an adjoining street.
Outcome: First 10 properties in phase one were all sold upon release at a value of 10% above the original expected return.
£5.975m development loan at 63% LTGDV, for 20 private and 14 affordable homes.
Background: This again was our first deal with this borrower, at in excess of 60% of GDV, and incorporating equity investment.
Outcome: Development reached PC, with all affordable homes sold, and half of the private homes already sold, at or above original expectations.
We offer solutions for businesses, individuals and intermediaries.
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