HTB completes £3.6m BTL/bridging finance package

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Hampshire Trust Bank (HTB) has completed on a £3.6m finance package following an introduction from Callum Taylor of Portway Finance.

The package included a £900k residential refurbishment bridge and a £2.7m buy-to-let remortgage of a seven-bed HMO.

By releasing equity from their wider investment portfolio, the client could repay the existing lender and continue with their refurbishment plans.

The client was introduced by Callum Taylor of Portway Finance who has experience of working with the HTB on a variety of bridging and specialist buy-to-let cases.

Lorenzo Satchell (pictured), sales director for bridging, Hampshire Trust Bank, said: ”Callum’s experience of working with HTB meant that he presented these cases perfectly, which enabled us to make a quick decision on how we could support his client.

“Forming these types of close relationships has been vital in our growth within the specialist lending space and, once a broker has worked with us, our intermediary partners fully appreciate how accommodating we can be from a product, criteria, and service perspective.

“The complexity involved in this transaction highlights how our borrowers and introducers can benefit from the different specialist lending divisions we have across the Bank, and how these can provide the perfect platform to generate and deliver multi-faceted solutions in a responsible and appropriate manner.”

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