Hampshire Trust Bank (HTB) has completed a £1.65 million refinance and capital raise for a landlord consolidating a 12-property portfolio on the Isle of Sheppey.

HTB has completed a £1.65 million refinance and capital raise for an experienced landlord, bringing together a portfolio of 12 residential properties under a single facility to help fund the acquisition of a home in Tenerife.

The loan, which was introduced by Elliot Boreham at V4B, was structured at 75% LTV on a 20-year interest-only basis. The borrower held 10 houses and two flats in personal name, with debt spread across several lenders.

The consolidation process required long-form valuations and redemption statements from multiple counterparties, increasing reliance on external timescales.

A fixed completion window, driven by the purchaser’s overseas transaction, meant the bank needed to coordinate valuation outputs and documentation in a strict sequence.

HTB designed the facility to consolidate existing borrowing and provide the £1 million capital raise needed for the Tenerife purchase.

Pursuing a non-representation route with Pure Law allowed valuation and legal workstreams to advance in parallel, reducing pressure on the timeline and helping to avoid bottlenecks across the 12 assets.

HTB issued the offer on 4 August and completed on 12 August. The case was led by Aimee Amphlett, regional account manager at HTB, with underwriting support from Jack Steed and completion management by Vicki Duncan.

ALIGNMENT ACROSS 12 ASSETS

Amphlett (pictured) said: “This case needed tight alignment from the outset. With 12 assets across several lenders and a defined completion date, we kept direct communication open so valuation outputs, statements and searches arrived in the right order.

“Using non representation meant the legal work could progress alongside underwriting, which removed a major dependency and gave the borrower confidence to move ahead with their onward purchase.”

Elliot Boreham, broker at V4B, added: “This was a tight deadline, and cases of this size would usually take six weeks or more.

“Having clear communication and the right people involved meant we completed within five days of receiving the valuation report.

“Being able to speak directly with the people progressing the case made a meaningful difference for the client and allowed them to move ahead with their purchase.”