HTB Specialist Mortgages completes £1.7m loan to purchase student accommodation property in the North East for a Kenyan investor

Hampshire Trust Bank (HTB) Specialist Mortgages division is pleased to announce it has completed a £1.7m complex loan for the purchase of a block of student flats for a Kenyan investor resident between the UK and Kenya.

Press Team, Hampshire Trust Bank

Alex Upton, Sales Director, Specialist Mortgages said: “It is simple for a bank to market foreign national lending, but seamless and sustainable delivery is another matter especially against the tight timetable needed for this purchase. This case is a great example of our dedication to our introducers and their clients.”

John Dixon at Intelligent Commercial Finance Limited said: “Intelligent Commercial Finance works with many banks and lending institutions when assisting clients with their finance requirements. Rarely have we seen such dedication, specialist know-how and efficiency from a commercial lending bank when challenged with what was a highly complex and technical case. The team at HTB tackled the difficult bits first, dealt with problems quickly, used efficient systems and processes and worked with professional cheerfulness throughout.

“The client was introduced by Waugh McDonald Wealth Management whose strategic advice provided the basis for the transaction and whose in-depth knowledge of the client’s portfolio and circumstances contributed to the efficiency of completion.”

Read more information on Hampshire Trust Bank’s Specialist Mortgages division.

 

ENDS

 

For additional information or to arrange an interview, please contact:

Emily Murphy
Communications Manager
Hampshire Trust Bank

Tel: +44 (0) 20 78623050
Email: [email protected]

 

Notes to editors

Hampshire Trust Bank is a specialist bank, staffed by experts focused on helping UK businesses realise their ambitions. Our dedicated Specialist Business Finance, Development Finance and Specialist Mortgages divisions ensure that businesses receive the outstanding service, lasting relationships, integrity and expertise they need to prosper. We also provide savings accounts to individuals and businesses and since we lend only to businesses, our savers can be sure their money will be used to boost the British economy. The bank is authorised by the Prudential Regulation Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority.

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