{"componentChunkName":"component---template-cache-tmp-completing-a-400-k-hmo-refinance-against-a-bridging-deadline-js","path":"/case-study/completing-a-400k-hmo-refinance-against-a-bridging-deadline","result":{"pageContext":{"page":{"id":"Y2FzZS1zdHVkeToxNzMwMg==","title":"Completing a £400k HMO Refinance Against a Bridging Deadline","content":"<p><strong>Overview</strong></p>\n<p>Hampshire Trust Bank (HTB) completed a £400,000 refinance for an experienced landlady in Egham, Surrey, helping them repay an existing bridging facility before expiry and avoid significant penalties.</p>\n<p>The facility was secured against a six-bed HMO bungalow valued at £650,000 and completed at 75 per cent LTV on a five-year term. With only six weeks remaining before the bridging deadline, the case required a tightly managed process from the outset to ensure the refinance completed on time and without disruption.</p>\n<p>&nbsp;</p>\n<p><strong>The Challenge</strong></p>\n<p>The borrower needed to refinance quickly in order to clear an expiring bridge facility and avoid substantial penalty costs. The deadline left no room for delay, meaning valuation, underwriting and legal work all needed to progress at pace and in parallel.</p>\n<p>&nbsp;</p>\n<p><strong>Key challenges included:</strong></p>\n<ul>\n<li>A six-week deadline before expiry of the existing bridging facility</li>\n<li>The need to avoid significant repayment penalties</li>\n<li>Tight coordination required across valuation, legal and underwriting workstreams</li>\n<li>No margin for delay in progressing the case to completion</li>\n</ul>\n<p>&nbsp;</p>\n<p><strong>The Solution</strong></p>\n<p>HTB provided a £400,000 refinance facility structured to clear the existing bridge in full and move the client into a stable longer-term position. To meet the deadline, HTB progressed valuation and legal workstreams simultaneously from day one, ensuring that no time was lost during the process.</p>\n<p><span style=\"text-decoration: underline;\">Key features of the deal:</span></p>\n<ul>\n<li>£400,000 refinance facility</li>\n<li>Secured against a six-bed HMO bungalow valued at £650,000</li>\n<li>75% LTV</li>\n<li>Five-year term</li>\n<li>Valuation and legal workstreams instructed from day one</li>\n<li>Existing bridge cleared in full</li>\n</ul>\n<p>&nbsp;</p>\n<p><strong>Execution</strong></p>\n<p>The case was introduced by Kuldip Shokar, Director of Karaya Capital. Serena Grewal, Regional Account Manager at HTB, worked closely with underwriter Simone Thompson to coordinate all parties and maintain momentum throughout. HTB instructed Capital Value Surveyors and Pure Law from the outset, allowing valuation and legal processes to run in parallel and keeping the case on track against a non-negotiable deadline.</p>\n<p>&nbsp;</p>\n<p><strong>The Outcome</strong></p>\n<p>HTB’s funding enabled the borrower to repay the bridging facility in full before expiry, avoiding significant penalties and ensuring a smooth transition into a longer-term funding position. The transaction demonstrated the importance of early coordination and clear communication where time is critical.</p>\n<p>&nbsp;</p>\n<p><strong>What This Demonstrates</strong></p>\n<p><span style=\"text-decoration: underline;\">Speed and Coordination</span></p>\n<p>This transaction highlights HTB’s ability to move quickly on time-sensitive refinance cases by coordinating valuation, legal and underwriting workstreams from the outset.</p>\n<p><span style=\"text-decoration: underline;\">Clear Communication</span></p>\n<p>The deal demonstrates the value of accessible underwriting, close broker collaboration and consistent communication when deadlines are tight and every stage of the process matters.</p>\n<p><span style=\"text-decoration: underline;\">Focus on the Outcome</span></p>\n<p>HTB’s approach shows how a practical, solutions-led mindset can help borrowers navigate time-critical situations and move into a more stable long-term position.</p>\n<p>&nbsp;</p>\n<p><strong>Client &amp; Partner Feedback</strong></p>\n<p>Kuldip Shokar, Director at Karaya Capital, said:</p>\n<p>“From the first call it was clear the team were on the front foot. Communication was clear, decisions were quick and everyone stayed accessible throughout. Having underwriters we could reach directly and a BDM who kept every part moving meant the case never lost momentum. That level of coordination is what brokers need when deadlines are non-negotiable.”</p>\n<p>&nbsp;</p>\n<p><strong>Conclusion</strong></p>\n<p>This case highlights HTB’s ability to deliver structured refinance solutions under tight deadlines, combining speed, coordination and a clear focus on the borrower’s outcome. By progressing key workstreams in parallel and maintaining momentum throughout, HTB ensured the client was able to repay an expiring bridge on time and move forward with confidence.</p>\n<p>&nbsp;</p>\n<p>&nbsp;</p>\n","uri":"completing-a-400k-hmo-refinance-against-a-bridging-deadline","slug":"completing-a-400k-hmo-refinance-against-a-bridging-deadline","seo":{"metaRobotsNofollow":"follow","metaRobotsNoindex":"noindex","opengraphAuthor":"","opengraphDescription":"Overview Hampshire Trust Bank (HTB) completed a £400,000 refinance for an experienced landlady in Egham, Surrey, helping them repay an existing bridging facility before expiry...","opengraphImage":null,"metaDesc":"","canonical":"","opengraphTitle":"Completing a £400k HMO Refinance Against a Bridging Deadline - HTB","twitterDescription":"","twitterTitle":"","twitterImage":null,"title":"Completing a £400k HMO Refinance Against a Bridging Deadline - HTB","opengraphUrl":"https://uat-wp-www-htb-co-uk.htbplc.co.uk/case-study/completing-a-400k-hmo-refinance-against-a-bridging-deadline/","opengraphSiteName":"HTB","opengraphModifiedTime":"2026-08-14T09:22:59+00:00"}},"breadcrumb":{"location":"/case-study/completing-a-400k-hmo-refinance-against-a-bridging-deadline","crumbs":[{"pathname":"/","crumbLabel":"HTB"},{"pathname":"/case-study/","crumbLabel":"case-study"},{"pathname":"/case-study/completing-a-400k-hmo-refinance-against-a-bridging-deadline/","crumbLabel":"completing-a-400k-hmo-refinance-against-a-bridging-deadline"}]}}},"staticQueryHashes":["1239430513","1586857859","1772891646","229476007","2634765651","3264027306","3649515864","493905975","63159454"]}