Commercial Mortgages Blog | January 2018 – Short term lending opportunities

With 2018 well underway, we are experiencing a busy start to the year, with a particular uptick in short term lending activity.

We are looking forward to supporting our brokers so they can make the most of these opportunities in the coming 12 months.

So why has short term lending activity in particular increased? Well, there are a number of reasons. Prices have increased to such a level in some areas that some businesses and investors are looking to improve existing properties through refurbishment finance rather than move. At the same time, SMEs and professional landlords do not want to miss out on opportunities due to mortgage delays so often opt for bridging finance.

Whatever the reason for the uplift, we are committed to providing support. This is one of the reasons why we launched our recent residential short term lending deal. As part of the deal, customers will receive a refund of the valuation fee up to a maximum of £2,500 and a contribution of £500 towards legal fees, subject to terms and conditions*.

At Hampshire Trust Bank, we are focused on continuing to improve the service and products we provide to brokers and have plenty of plans in the pipeline for the year ahead.

If you have any ideas or comments on how you believe we could work better together then please do not hesitate to contact us. We share a common goal, which is to provide SMEs and investors with the finance they need to thrive and grow in the year ahead.

Mark Sismey-Durrant
Chief Executive Officer

*See the *See the New Year Special – Residential Short Term Lending product guide

Any property used as security may be repossessed if loan repayments and other obligations are not met.

HTB would like to reassure customers that we are operating normal business hours, 9am to 5pm Monday to Friday with no interruptions to our service. Click here for more information about our response to COVID-19. Please get in touch here, or via your usual method should you have any concerns.