Our client needed the funds within a very testing time frame. The most logical solution was to secure the use of Hampshire Trust's Developer Exit Finance product. In the space of two weeks we were able to complete valuations, arrange for our client to meet with the bank and complete the necessary legals in order to drawdown. Solicitors Paris Smith were incredibly efficient in their dealings in the matter and ensured that the deal drew on schedule.
Steve Williams, Partner, Bespoke Business Finance
The offer was issued incredibly quickly and we were able to liaise directly with the solicitors and find out exactly what legal requirements were outstanding to be able to chase for a quick completion. We completed the loan within five days between offer and completion. The service from Hampshire Trust Bank and solicitors Paris Smith was excellent throughout the whole process.
Natalie Glover, Underwriting Manager, RHL
I have been very impressed with Hampshire Trust Bank’s pragmatic approach to this transaction, also with the speed and simplicity of the application process. The legal process has been handled very efficiently and it was refreshing to see such open dialogue between all sides, which has resulted in a very speedy turnaround. It is great to have another competitive option for our clients and I am sure that this is the first of many mortgages we will be completing with the team at Hampshire Trust Bank.
Harry Landy, Sales Director, Enterprise Finance
Hampshire Trust Bank was selected primarily due to the holistic approach in assessing the overall case scenario and a common sense approach. The client wished to capital raise the £425,000 for future property investment. An interest-only facility over 10 years was an attractive feature and the simplistic application process was appealing to the client as well as the element of speed. The client has since applied for further borrowing on other properties within his overall portfolio.
Callum Sutton, Sales Manager, Specialist Commercial Finance
The end client recently secured a new tenant and wanted long-term funding to restructure the debt over an appropriate term, on a more cost effective basis.
While the tenant is a relatively young business Hampshire Trust Bank took a commercial view, funding against the investment value of the new tenant lease rather than vacant possession. This enabled the client to secure adequate funding to repay the bridging finance and cover fees attached to the loan. As a result, their debt servicing cost reduced dramatically.
Jamie Dunckley, Owner, Bespoke Business Finance