HTB Specialist Mortgages completes £5.4m loan

Hampshire Trust Bank (HTB) Specialist Mortgages has announced the completion of a £5.4m loan for a security located in Camberley, Surrey. The facility was brokered by Connect IFA.

Press Team, Hampshire Trust Bank

The loan provided finance for a former magistrates’ court that has been converted into 30 apartments. The property, situated in the town centre, with excellent transport links, has proved attractive to both investors and first-time buyers.

Alex Upton, Sales Director, Specialist Mortgages at HTB said: “This was a tricky deal but when you have a great borrower with a great asset and a great broker, almost anything can be overcome.”

Adam Butler, Lending Manager at HTB added: “I have an excellent relationship with Connect and love working with them. All parties worked closely with the client to fully understand the deal and what they are looking for and I am chuffed that we could get this completed in such a quick timescale.”

Kevin Thomson, Sales Director at Connect said: “This case typified the benefits of Lender, Network and Broker working together for the same goal of satisfying the client’s requirements. It also highlighted that our ARs have the expertise and support to deliver in the Specialist Lending Market.”

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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